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Hibbett Sports profit leaps 27% in Q4, to open 40 net new stores
Birmingham, Ala. -- Hibbett Sports Inc. reported Friday that profit for the quarter ended Jan. 28 jumped 27% to $15.8 million, compared with $12.5 million in the year-ago period.
Revenue increased 10% to $190.7 million from $173.2 million, missing Wall Street’s expected $192.2 million in revenue. Same-store sales rose 7.2%.
For the full year, Hibbett reported net income of $59.1 million, up from $46.4 million last year. Revenue rose to $732.6 million, from $665 million.
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Body Central profit doubles in Q4
Jacksonville, Fla. -- Apparel retailer Body Central Corp. reported Thursday that net income for the fourth quarter more than doubled to $6.1 million, compared with $2.7 million a year earlier.
Revenue surged 20% to $80.7 million, edging Wall Street’s expected $80.5 million in revenue.
For the year, net income more than doubled to $19.7 million from $9.8 million, and revenue rose 22% to $29.7 million.