Hibbett: Fiscal Q4 Earnings Snapshot

BIRMINGHAM, Ala. (AP) — BIRMINGHAM, Ala. (AP) — Hibbett, Inc. (HIBB) on Friday reported fiscal fourth-quarter profit of $30.9 million.

On a per-share basis, the Birmingham, Alabama-based company said it had profit of $2.55.

The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.56 per share.

The sporting goods retailer posted revenue of $466.6 million in the period, which also missed Street forecasts. Four analysts surveyed by Zacks expected $476.6 million.

For the year, the company reported profit of $103.2 million, or $8.17 per share. Revenue was reported as $1.73 billion.

Hibbett expects full-year earnings to be $8 to $8.75 per share.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HIBB at https://www.zacks.com/ap/HIBB