Business
Hibbetts reiterates FY outlook despite drop in Q2 sales, profit
Hibbetts has reaffirmed its full-year outlook despite a 4.6 percent drop in revenue in the second quarter of the year. The US sportswear retailer generated net sales of 374.9 million dollars in the three months to July 29, down from 392.8 million dollars the prior year. Comparable sales fell 7.3 percent. That came as the company’s net profit...
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