Hibbett Sports Inc. Profit Declines 31% In Q4

(RTTNews) - Hibbett Sports Inc. (HIBB) reported a profit for fourth quarter that dropped compared to the same period last year.

The company said its earnings declined to $12.06 million, or $0.54 per share. This was down from $17.41 million, or $0.76 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 0.5% to $246.93 million. This was up from $245.72 million last year.

Hibbett Sports Inc. earnings at a glance:

-Earnings (Q4): $12.06 Mln. vs. $17.41 Mln. last year. -Earnings Decline (Y-o-Y): -30.7% -EPS (Q4): $0.54 vs. $0.76 last year. -EPS Decline (Y-o-Y): -28.9% -Revenue (Q4): $246.93 Mln vs. $245.72 Mln last year. -Revenue Change (Y-o-Y): 0.5%

-Guidance: Full year EPS guidance: $2.65 - $2.85