Hibbett Sports Inc. HIBBreported lower-than-expected results for first-quarter fiscal 2019. Both earnings and sales lagged estimates while the top line also declined year over year. Consequently, shares of this Zacks Rank #3 (Hold) stock declined 15.6% on May 25.
Moreover, Hibbett has declined 3.4% in the last three months, against the industry’s growth of 3.
Hibbett (HIBB) Stock Falls on Q1 Earnings and Sales Miss
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