Hibbett Sports with disappointing fiscal 2009 outlook
Shares of Hibbett Sports, Inc. (Nasdaq: HIBB) are sagging on news after the close on Thursday that the operator of sporting goods retail stores expects fiscal 2009 net income between $0.88 per share and $1.00 per share. Analysts polled by Thomson Financial were forecasting a profit of $1.08 per share.
At 10:54 a.m. ET, the stock was off $0.70, or 5%, to $14.08. For detailed price information and recent news stories about Hibbett Sports, click HIBB.
