|Bid||0.00 x 2900|
|Ask||0.00 x 1300|
|Day's Range||20.64 - 22.55|
|52 Week Range||13.08 - 29.60|
|Beta (3Y Monthly)||0.83|
|PE Ratio (TTM)||13.74|
|Earnings Date||May 23, 2019 - May 28, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||19.25|
Hibbett Sports (NASDAQ: HIBB ) shares made gains following a fourth-quarter earnings and sales beat Friday. The footwear retailer reported fourth-quarter earnings of 57 cents per share, beating estimates ...
On another otherwise dreary Friday for the markets, one sporting goods retailer bucked the trend. It was indeed a great day for Hibbett Sports Inc. Earnings per share of 57 cents were 18 cents ahead of consensus estimates, while revenue of $306 million easily beat the $282 million consensus.
Hibbett (HIBB) posts robust fourth-quarter fiscal 2019 results. As a result, management issues encouraging earnings guidance for fiscal 2020.
Hibbett Sports Stock Soars after Crushing Q4 Estimates(Continued from Prior Part)Overall performance in fiscal 2019 In the previous part of this series, we mentioned the surge in Hibbett Sports’ (HIBB) stock price on March 22 in reaction to
were soaring Friday after the sporting goods retailer handily beat fourth-quarter earnings estimates. The $329 million market-cap company with 1,025 retail stores saw its stock rise 20.29% to $21.70 a share. Hibbett said it will close 95 Hibbett stores by 2020, open 10 to 15 CityGear stores, and focus on its e-commerce strategy.
Hibbett Sports Stock Soars after Crushing Q4 EstimatesStellar fourth-quarter resultsHibbett Sports (HIBB) stock surged 22.3% as of 1:54 PM ET today as the company reported impressive results for fiscal 2019’s fourth quarter, which ended on
Hibbett Sports earnings for its fiscal fourth quarter of 2019 have HIBB stock on its way up today.Source: Hibbett SportsHibbett Sports (NASDAQ:HIBB) reported earnings per share of 57 cents for its fiscal fourth quarter of the year. This is an increase over the company's earnings per share of 44 cents from the same time last year. It was also a boon to HIBB stock by beating out Wall Street's earnings per share estimate of 39 cents for the quarter.Hibbett Sports earnings for its fiscal fourth quarter of 2019 also includes net income of $6.63 million. This is a drop from the company's net income of $9.73 million reported in its fiscal fourth quarter of 2018.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOperating income reported in the Hibbett Sports earnings release for its fiscal fourth quarter of the year comes in at $8.96 million. The retail of sporting goods reported operating income of $15.88 million in the same period of the year prior.The Hibbett Sports earnings report for its fiscal fourth quarter of 2019 also has revenue coming in at $305.96 million. This is up from its revenue of $266.74 million reported in its fiscal fourth quarter for the previous year. It was also great news for HIBB stock by coming in above analysts' revenue estimate of $282.85 million for the period. * 7 Beaten-Up Stocks to Buy as They Reverse Course The most recent Hibbett Sports earnings report also has it releasing its outlook for fiscal 2020. The company is expecting earnings per share for the year to range from $1.80 to $2.00. That's a positive for HIBB stock with Wall Street looking for earnings per share of $1.75 in fiscal 2020.HIBB stock was up 25% as of Friday morning. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Retail Stocks That Will Continue to Rebound in 2019 * 5 Stocks To Buy for the Happiest Employees * 7 ETFs for a Millennial Portfolio As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Hibbett Sports Earnings: HIBB Stock Surges on Big Q4 Beat appeared first on InvestorPlace.
Strong results and a solid forecast eased investor fears about the company's ability to operate in a difficult retail environment.
Hibbett (HIBB) delivered earnings and revenue surprises of 50.00% and 2.23%, respectively, for the quarter ended January 2019. Do the numbers hold clues to what lies ahead for the stock?
Hibbett Sports Inc. shares soared 19% in premarket trade Friday, after the sporting goods retailer blew past estimates for the fourth quarter and offered upbeat guidance for fiscal 2020. The company said it had net income of $6.6 million, or 36 cents a share, for the quarter to Feb. 2, down from $9.7 million, or 51 cents a share in the year-earlier period. Adjusted per-share earnings came to 57 cents, well ahead of the 39 cents FactSet consensus. Sales rose to $306.0 million from $266.7 million, also ahead of the $280 million FactSet consensus. Same-store sales rose 3.8%, compared with a FactSet consensus that they would be flat. The company said it is focused on improving its store base and building out its e-commerce strategy and will close about 95 Hibbett stores in fiscal 2020, while opening 10 to 15 new Hibbett and City Gear stores. It expects to book a store closure charge of 15 cents to 20 cents a share. The retailer is expecting fiscal 2020 adjusted EPS of $1.80 to $2.00, which is above the current FactSet consensus of $1.74. Separately, the company said its chief executive Jeff Rosenthal is planning to retire as soon as the company has completed a search and named a successor. Shares have fallen 20% in the last 12 months, while the S&P 500 has gained 8%.
Hibbett Sports, Inc. (NASDAQ/GS: HIBB), an athletic specialty retailer, today announced the planned retirement of Jeff Rosenthal, President and Chief Executive Officer. The Board will commence a search process to identify the Company’s next CEO, and Mr. Rosenthal will remain at the Company in his CEO capacity until a successor is named. Upon the completion of the leadership transition, Mr. Rosenthal will continue to serve as a member of the Board of Directors.
Hibbett (HIBB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Hibbett (HIBB) may continue to witness dismal earnings in fourth-quarter fiscal 2019 due to higher SG&A expenses. However, ongoing initiatives are likely to aid.
BIRMINGHAM, Ala., March 08, 2019 -- Hibbett Sports, Inc. (Nasdaq/GS: HIBB) today announced details for the release of its results for the fourth quarter and year ended.
Ross Dress For Less is opening a new store in the Triad. Allison Wiggs of Rivercrest Realty Investors of Raleigh confirmed that Ross would fill an approximately 25,000-square-foot space previously occupied by Staples, which left in November. Employees at Ross' existing Winston-Salem store on Hanes Mall Boulevard told Triad Business Journal the new store was expected to open in June.
BIRMINGHAM, Ala., March 1, 2019 /PRNewswire/ -- Hibbett Sports (HIBB), a Birmingham-based premium athleisure retailer with more than 1,000 stores nationwide and online at www.Hibbett.com , today announced they are celebrating Nike Air Max Day 2019 by giving away a year's worth of sneakers to one lucky recipient. The contest kicks off on March 1, 2019 through March 31, 2019 and Nike Air Max Day is March 26, 2019, marking the anniversary of the first Air Max launch date of March 26, 1987. "Air Max Sneakers have remained popular with Hibbett customers for over 30 years," said Sarah Sharp-Wangaard, Vice President Marketing, Hibbett.
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