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Why Hibbett Sports Jumped 12% Early Today

TheMotleyFool

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Why Hibbett Sports Jumped 12% Early TodayPhoto, wide shot, wide-angle lens, Clothing manufacturer, Midday, harsh overhead sunlight, directional sunlightt, photo by Marc Adamus: https://img.midjourneyapi.xyz/temp/7d69264d-49b2-466c-9987-b2706836d522.png

After jumping more than 12% earlier in the day Friday, shares of athletics inspired retailer Hibbett Sports (NASDAQ: HIBB) remain up 4% as of 11:30 a.m. EST. The company reported earnings this morning, and several positive metrics stood out.

Hibbett reported earnings of $1.47 per diluted share, triple the $0.45 per share estimated by analysts. The company also reported blowout comparable store sales of 21.2%, versus the 7.5% increase expected according to Refinitiv.

Source Fool.com

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