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Hibbett Sports Inc gives Q2 2015 comparable store sales outlook; revenue outlook below analysts' estimates; lowers FY 2015 EPS outlook; Lowers high end of prior FY 2015 comparable store sales outlook

Thursday, 7 Aug 2014 04:03pm EDT 

Hibbett Sports Inc:Expects Q2 2015 net sales to increase 4.2 pct to $194.0 mln compared with $186.2 mln for Q2 2014.Expects Q2 2015 comparable store sales to increase 0.1 pct.Expects Q2 2015 gross profit to be 33.4 pct of net sales, compared with 34.3 pct for Q2 2014.Expects FY 2015 earnings per diluted share will be in the range of $2.63 to $2.73, with comparable store sales increasing in the low single-digit range for the year.This compares to previous guidance of earnings per diluted share in the range of $2.78 to $2.98, and comparable store sales increasing in the low-to-mid single-digit range.Q2 2015 revenue of $202.3 mln - Thomson Reuters I/B/E/S.FY 2015 EPS of $2.89 - Thomson Reuters I/B/E/S. 

Company Quote

0.7 +2.00%
2:33pm EDT