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Hibbett Sports Q1 income falls 25%

Staff Writer |
Hibbett Sports released a profit for first quarter that dropped from last year.

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The company said its profit fell to $20.91 million, or $0.97 per share. This was down from $27.91 million, or $1.22 per share, in last year's first quarter.

The company said revenue for the quarter fell 2.3% to $275.69 million. This was down from $282.09 million last year.

Hibbett Sports Inc. earnings at a glance:

- Earnings (Q1): $20.91 Mln. vs. $27.91 Mln. last year.
- Earnings Decline (Y-o-Y): -25.1%
- EPS (Q1): $0.97 vs. $1.22 last year.
- EPS Decline (Y-o-Y): -20.5%
- Revenue (Q1): $275.69 Mln vs. $282.09 Mln last year.
- Revenue Change (Y-o-Y): -2.3%

- Guidance:

Full year EPS guidance: $2.35 - $2.55.


What to read next

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