Hibbett: Fiscal Q1 Earnings Snapshot
By Ap News
Published - Jun 05, 2024, 06:36 AM ET
Last Updated - Jun 05, 2024, 06:36 AM EDT
BIRMINGHAM, Ala. (AP) — BIRMINGHAM, Ala. (AP) — Hibbett, Inc. (HIBB) on Wednesday reported fiscal first-quarter profit of $32.5 million.
On a per-share basis, the Birmingham, Alabama-based company said it had net income of $2.67.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.68 per share.
The sporting goods retailer posted revenue of $447.2 million in the period, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $449.5 million.
