If you love shoes and apparel - HIBB beats estimates
Hibbet beats estimates
Hibbett Sports (HIBB) was in play today after posting its quarterly earnings. The stock closed higher by over 3%. adjusted earnings per share rose nearly 24% to 73-cents, beating estimates. Revenue increased 14% from the same quarter last year to $217 million. Hibbett owns sporting goods stores in small to mid-sized markets. Most of its locations are around the Southeast, Southwest, Midwest and Mid-Atlantic regions. The chain's rival #$%$ Sporting Goods (DKS) plummeted after reporting earnings on Monday, but then regained its own footing with some analyst upgrades.