Hibbett Reports Fourth Quarter and Fiscal 2022 Results
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Hibbett Sports (HIBB) Misses Q4 EPS by 10c, Offers Guidance
March 4, 2022 6:32 AM ESTHibbett Sports (NASDAQ: HIBB) reported Q4 EPS of $1.25, $0.10 worse than the analyst estimate of $1.35. Revenue for the quarter came in at $383.3 million versus the consensus estimate of $383.72 million.
GUIDANCE:
Hibbett Sports sees FY2023 EPS of $9.75-$10.50, versus the consensus of $9.85.
Sales GuidanceTotal net sales are expected to be relatively flat in dollars compared to our Fiscal 2022 results. This implies comparable sales are expected to be in the negative low-single digits for the full year. Brick and mortar comp sales are expected to be in the negative... More