Hibbett Shares Soar On Solid Q3 Earnings & Raised Guidance

Hibbett Sports Inc.’s stock had climbed more than 20 percent at press time after the company posted 18 percent earnings-per-share growth and a 5 percent increase in net sales. President and CEO Jeff Rosenthal said he was “encouraged” by the firm’s progress in Q3, although weather continues to pose headwinds. “We were very pleased with our back-to-school sales, our margin performance and expense controls, and are encouraged by the great progress we are making with our merchandising...

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