Hibbett Sports gains in pre-market on Q1 results that beat the Street
Shares of Hibbett Sports, Inc. (Nasdaq: HIBB) are gaining ground in pre-market after the sporting goods retailer reported first-quarter results after Thursday’s close that trumped the consensus on Wall Street. The retailer attributed results to a slight increase in comparable store sales for the quarter. Hibbett also noted that it is currently experiencing mid single digit comp store sales gains in the second quarter.
Shares rose 14%, or $2.46, to $20.29 in pre-market trading. For detailed price information and recent news stories about Hibbett Sports, click HIBB.
