HIBBETT’S Q1 NET RISES 22 PER CENT.
MAY 22, 2000 - VOL 17, NO 21
HIBBETT’S Q1 NET RISES 22 PER CENT.
Net income was $2,761,000 versus $2,263,000 for the period ended Apr. 29. Revenues improved 18 per cent to $50,522,000 from $42,804,000. Comparable store sales grew 1.4 per cent versus 6.1 per cent in the year-ago period. The small town operator said Q1 sales stumbled a bit in the last two weeks of Mar. through the first week of Apr. but recovered during the last three weeks of the period. That trend has continued through the first three weeks of Q2 where same store sales were running 3 ... Log in to view full article.