15.16 0.00 (0.00%)
After hours: 4:00PM EDT
|Bid||14.37 x 1000|
|Ask||15.89 x 4000|
|Day's Range||14.12 - 16.83|
|52 Week Range||13.08 - 25.24|
|Beta (3Y Monthly)||0.31|
|PE Ratio (TTM)||8.14|
|Earnings Date||Aug 22, 2019 - Aug 26, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||23.20|
Foot Locker earnings fell as sales dipped. Foot Locker stock dived. Hibbett Sports had a weak Q2 but guided up. Dick's Sporting Goods earnings beat Thursday as comps sales crushed.
Hibbett Sports Inc. stock sank 15.5% after the athletic retailer reported second-quarter sales that missed expectations. Hibbett had a net loss of $8.8 million, or 49 cents per share, after a loss of 1.2 million, or 6 cents per share, the year prior. Adjusted net loss was 13 cents per share, ahead of the 16-cent loss FactSet forecast. Sales of $252.4 million were up from $211.1 million, but below the $256.0 million FactSet guidance. Same-store sales rose 0.3%, below FactSet outlook for 1% growth. One of the factors that impacted the results was a back-to-school shopping shift. "Not only do we continue to see volatility in school start dates, we're also seeing shoppers wait until the very last minute to make their back-to-school purchases, often resulting in peak volume days occurring as close to the school start date as possible," said Jared Briskin, Hibbett's chief merchant, on the earnings call, according to a FactSet transcript. "This volatility did impact our July results negatively but as having a positive impact to August." Hibbett also updated its annual guidance. It now expects same-store sales up 1% to 2% versus previous guidance of up 0.5% to 2%. EPS is now expected to be $1.35 to $1.50, with adjusted EPS of $2.15 to $2.25 compared with previous guidance for $2.00 to $2.15. The FactSet outlook is for same-store sales growth of 2.4% and EPS of $2.11. Hibbett stock is down 51% over the past year while the S&P 500 index is up 0.3% for the period.
China is reportedly set to put new tariffs on $75 billion worth of U.S. imports as of September 1st. This would be in retaliation for tariffs put on Chinese goods in the U.S.
NEW YORK, NY / ACCESSWIRE / August 23, 2019 / Hibbett Sports, Inc. (NASDAQ: HIBB ) will be discussing their earnings results in their 2020 Second Quarter Earnings to be held on August 23, 2019 at 10:00 ...
Hibbett Sports (NASDAQ: HIBB ) reported second-quarter losses of 13 cents per share, which beat the analyst consensus estimate by 3 cents. The company reported quarterly sales of $252.4 million, which ...
Hibbett (HIBB) delivered earnings and revenue surprises of 0.00% and -6.88%, respectively, for the quarter ended July 2019. Do the numbers hold clues to what lies ahead for the stock?
Shares of several retailers rode the coattails of Nordstrom and Dick's Sporting Goods on their favorable earnings releases Thursday, but Friday offers a mixed bag.
Shares of sporting goods retailer Hibbett Sports rose in premarket trading Friday after the company posted a narrower-than-expected loss in its second quarter. The company reported a loss of of 13 cents a share, which included 9 cents of one-time compensation costs related to the transition of its CEO Jeff Rosenthal into retirement. "Based on the strength of the first half and our confidence in the second half, we have updated our annual guidance," said Rosenthal in a statement.
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) is likely to benefit from solid execution of omni-channel initiatives and store rationalization efforts in second-quarter fiscal 2020. Higher costs and soft comps may impede results.
BIRMINGHAM, Ala., Aug. 09, 2019 -- Hibbett Sports, Inc. (Nasdaq/GS: HIBB) today announced details for the release of its results for the second quarter ended August 3, 2019..
HENDERSONVILLE, TN / ACCESSWIRE / August 3, 2019 / The Law Offices of Timothy L. Miles, who has been leading the fight to protect shareholder rights for over 18 years, investigating whether certain officers ...
Zacks.com featured highlights include: Hibbett, Triple-S, Quanta, Preferred Apartment and Principal Financial