BIRMINGHAM, Ala. (AP) — BIRMINGHAM, Ala. (AP) — Hibbett, Inc. (HIBB) on Friday reported fiscal fourth-quarter net income of $38.4 million.
On a per-share basis, the Birmingham, Alabama-based company said it had net income of $2.91.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.96 per share.
The sporting goods retailer posted revenue of $458.3 million in the period, which also fell short of Street forecasts. Three analysts surveyed by Zacks expected $484.6 million.
For the year, the company reported profit of $128.1 million, or $9.62 per share. Revenue was reported as $1.71 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HIBB at https://www.zacks.com/ap/HIBB
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