February 26, 2018 / 12:40 PM / 7 months ago

BRIEF-Hibbett Provides Business Update And Announces Q4 Conference Call

Feb 26 (Reuters) - Hibbett Sports Inc:

* HIBBETT PROVIDES BUSINESS UPDATE AND ANNOUNCES FOURTH QUARTER CONFERENCE CALL

* Q4 SAME STORE SALES ROSE 1.6 PERCENT

* HIBBETT SPORTS - ‍DUE TO SALE OF TEAM DIVISION IN FISCAL 2018, EXPECT REVENUE TO BE NEGATIVELY IMPACTED BY $7.6 MILLION IN FISCAL 2019​

* HIBBETT SPORTS - ‍FOR FISCAL 2019, EXPECT TO REALLOCATE ABOUT $3.0 MILLION TO $4.0 MILLION OF TAX SAVINGS INTO SG&A SPENDING​

* EPS FOR 14-WEEK PERIOD ENDED FEB 3, 2018, EXPECTED TO BE IN RANGE OF $0.47 TO $0.51​

* ‍EFFECT OF TAX REFORM IS NOT EXPECTED TO HAVE A SIGNIFICANT IMPACT IN Q4​

* Q4 EARNINGS PER SHARE VIEW $0.30, REVENUE VIEW $260.7 MILLION -- THOMSON REUTERS I/B/E/S Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below