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Hibbett net income soars in Q1
BIRMINGHAM, Ala. — A few days after Dick's Sporting Goods reported higher-than-expected earnings, Hibbett Sports posted even more impressive sales and income growth. Hibbett Sports reported that net sales for the first quarter increased 10.4% to $203.7 million compared with $184.5 million for the same period last year. Comparable-store sales increased 6.8%.
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Dick's Q1 sales up, beats EPS expectations
PITTSBURGH — Dick's Sporting Goods reported consolidated net income for the first quarter ended April 30 of $37.5 million, or 30 cents per diluted share, exceeding the company's earnings expectations provided on March 8 of 26 cents to 28 cents per diluted share. For the first quarter ended May 1, 2010, the company reported consolidated net income of $26.2 million, or 22 cents per diluted share.