Hibbett Reports First Quarter Results

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Go back to Hibbett Reports First Quarter Results

Hibbett Sports (HIBB) Tops Q1 EPS by $2.23, Revenues Beat; Offers FY22 EPS Guidance Above Consensus

May 28, 2021 6:32 AM EDT

Hibbett Sports (NASDAQ: HIBB) reported Q1 EPS of $5.00, $2.23 better than the analyst estimate of $2.77. Revenue for the quarter came in at $506.9 million versus the consensus estimate of $412.92 million.

Comparable Sales Increase 87.3% Versus Fiscal 2021Comparable Sales Increase 51.4% Versus Fiscal 2020Record Quarterly Earnings Per Diluted Share of $5.00

Mike Longo, President and Chief Executive Officer, commented, Our Fiscal 2022 is off to an excellent start as our business continues to build on the strong momentum we experienced last year. Record quarterly sales and earnings were a result of our continued commitment to offering a... More