Nike, Under Armour Retailer Hibbett Sinks On Weak Holiday

Soft traffic and disappointing apparel and equipment sales during the key holiday quarter weighed on Hibbett Sports' (HIBB) fourth-quarter same-store sales, hitting shares of the athletic specialty retailer and at least one of its counterparts Tuesday morning.

Ahead of its March 10 earnings release, Hibbett announced preliminary Q4 net sales of $246.9 million, marking growth of half a percent from the prior-year quarter. But comparable store sales fell 2.2% for the all-important shopping...

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