Hibbett Sports news and archive

Hibbett Sports reports Q3 earnings, net sales fall below expectations

U.S.- based athletic fashion retailer Hibbett Sports Inc. (HIBB) reported Tuesday fiscal third-quarter earnings and sales that missed expectations, although same-store sales beat, and cut its full-year profit outlook. According to ’MarketWatch’, the athletic-inspired fashion retailer's stock was still inactive in premarket traded. Net income...

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Hibbett Sports’ stock slumps 32 percent on “very challenging” sales trends warning

The U.S. based sports apparel retailer Hibbett Sports Inc (HIBB.O) saw its shares dropped 32 percent on Monday after warning about how "very challenging" sales trends would affect its results. The retailer estimated an increase of pressure on its gross margins based on a decline of about 10 percent in its comparable-store sales for the second...