Yahoo Finance Hibbett Full Year 2024 Earnings: In Line With Expectations
Hibbett (NASDAQ:HIBB) Full Year 2024 Results
Key Financial Results
Revenue: US$1.73b (up 1.2% from FY 2023).
Net income: US$103.2m (down 19% from FY 2023).
Profit margin: 6.0% (down from 7.5% in FY 2023). The decrease in margin was driven by higher expenses.
EPS: US$8.34 (down from US$9.89 in FY 2023).
HIBB Sales Performance
Like-for-like sales growth: Down 3.1% vs FY 2023.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Hibbett Meets Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.
Looking ahead, revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Specialty Retail industry in the US.
Performance of the American Specialty Retail industry.
The company's shares are down 1.2% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Hibbett's balance sheet and an in-depth analysis of the company's financial position.
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