Sportswear retailers Dick's, Hibbet up on annual outlook raise

Hibbett

21/11/2023 12:42

** Shares of sportswear retailers Dick's Sporting Goods
 DKS.N  and Hibbett  HIBB.O  up after raising annual outlook 
    ** DKS up 9.12% at $129.86 in premarket trading
    ** Hibbet shares up up 14.57% at $61.43 in premarket trading
    ** Dick's raises 2023 adj. EPS forecast range to between $12
and $12.60, from $11.50 to $12.30
    ** Expects 2023 comparable store sales to be positive 0.5%
to positive 2.0%, up from flat to positive 2.0% previously 
    ** HIBB raises FY 2024 diluted EPS forecast to between $8
and $8.30 from $7 to $7.75 previously
    ** Up to last close, DKS stock had fallen 1.06%, HIBB down
21.40% this year

 (Reporting by Juby Babu in Bengaluru)
 ((Juby.Babu@thomsonreuters.com;))