Brief: Hibbett Reports Q4 EPS Of $2.91

Hibbett

03/03/2023 11:50

March 3 (Reuters) - Hibbett Inc  HIBB.O :
    * HIBBETT REPORTS FOURTH QUARTER AND FISCAL 2023 RESULTS
    * Q4 COMPARABLE SALES INCREASE 15.5% VERSUS PRIOR YEAR
    * FULL YEAR FISCAL 2024 OUTLOOK CAPITAL EXPENDITURES ARE
ANTICIPATED TO BE IN RANGE OF $60 TO $70 MILLION
    * NET SALES FOR 13-WEEKS ENDED JAN 28, INCREASED 19.6% TO
$458.3
MILLION VERSUS $383.3 MILLION FOR 13-WEEKS ENDED JANUARY 29,
2022
    * FULL YEAR FISCAL 2024 OUTLOOK DILUTED EARNINGS PER SHARE
ARE
ANTICIPATED TO BE IN RANGE OF $9.50 TO $10.00
    * FY FISCAL 2024 TOTAL NET SALES, INCLUDING IMPACT OF 53RD
WEEK,
ANTICIPATED TO BE UP MID-SINGLE DIGITS COMPARED TO FISCAL 2023
RESULTS
    * COMPARABLE SALES ARE EXPECTED TO GROW IN LOW-SINGLE DIGIT
RANGE
FOR YEAR
    * Q4 EARNINGS PER SHARE VIEW $2.94, REVENUE VIEW $476.6
MILLION --
REFINITIV IBES DATA

Source text for Eikon:  ID:nBw514fwFa 
Further company coverage:  HIBB.O 

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