Hibbett 2Q Profit Up
Birmingham, Ala. Hibbett Sports Inc. said Thursday that its second-quarter profit edged up 2.1% as sales of athletic shoes and apparel helped the company post better-than-expected results.
For the three months ending Aug. 2, Hibbett earned $4.8 million, up from a year-ago profit of $4.7 million. Revenue climbed 13.9% to $130.3 million, up from $114.4 million during the same period last year. Same-store sales rose 5%.