Hibbett: Fiscal 2Q Earnings Snapshot
BIRMINGHAM, Ala. (AP) _ Hibbett Sports Inc. (HIBB) on Friday reported a loss of $1.2 million in its fiscal second quarter.
The Birmingham, Alabama-based company said it had a loss of 6 cents per share.
The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.
The sporting goods retailer posted revenue of $211.1 million in the period, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $219.1 million.
Hibbett expects full-year earnings to be $1.57 to $1.75 per share.
Hibbett shares have risen 44 percent since the beginning of the year. The stock has more than doubled in the last 12 months.