Sports Goods: Hibbett Sports, Nike, Lululemon Friday, November 18, 11:20 AM ET
Sporting goods retailer Hibbett Sports (NASDAQ:
HIBB) posted a 27% increase in third quarter earnings today.
Profits rose to $16 million, or $0.59 per share, from $12.6 million, or $0.44 per share, in last year's third quarter.
Sales rose 10.6% to $185.2 million, on a 7% increase in same-store sales.
Both earnings and sales beat analyst expectations.
Hibbett hiked its full year forecast to earnings of $2.05 to $2.11 per share compared to prior expectations for earnings of $1.90 to $2 per share.
Rival Dick's Sporting Goods (NYSE:
DKS) beat analyst expectations with its earnings report earlier in the week.
Late yesterday, athletic footwear and apparel producer Nike (NYSE:
NKE) said its board of directors hiked its quarterly dividend 16%, to $0.36 per share.
Nike has increased its dividend for 10 years in a row.
And today, yoga-inspired apparel maker and retailer lululemon athletica (NASDAQ:
LULU) said it has appointed Facebook's director of local and mobile partnerships, Emily White, to its board.
For MarketNewsVideo.com, I'm Sayoko Murase.
Thursday Sector Laggards: Oil & Gas Exploration & Production, Railroads
Related symbols: HERO, ECR, CP, GSH
Thursday Sector Leaders: Computer Peripherals, Cigarettes & Tobacco Stocks
Related symbols: RSYS, FEYE, XXII, AOI
Wednesday Sector Laggards: Oil & Gas Exploration & Production, General Contractors & Builders
Related symbols: CPG, FXEN, TOL, GRBK
Thursday's ETF with Unusual Volume: ACWV
Related symbols: ACWV, INTC, T, CMG, RRC
Thursday's ETF Movers: PJP, GXC
Related symbols: BDSI, ACT, DANG, ATHM, GXC, PJP
IWM, GDJJ: Big ETF Outflows
Related symbols: IWM, GDJJ, QRVO, ISIS, GDXJ
Daily Dividend Report: HPQ, TIF, MCK, DG, BDC, DRH
Related symbols: HPQ, TIF, MCK, DG, BDC, DRH
Daily Dividend Report: MRK, DE, ESS, STR, DSW, MOV
Related symbols: MRK, DE, ESS, STR, DSW, MOV
Daily Dividend Report: WY, FGP, FRED, BKJ
Related symbols: WY, FGP, FRED, BKJ
Weekly Market Wrap: May 22, 2015
Related symbols: BAC, AAPL, ONTY, HPQ
Weekly Market Wrap: May 15, 2015
Related symbols: AAPL, BAC, AMAT
Weekly Market Wrap: May 8, 2015
Related symbols: BAC, AAPL, NOK, VALE
Week Ahead Market Report: May 18, 2015
Related symbols: BAC, AAPL, VALE, T
Week Ahead Market Report: May 4, 2015
Related symbols: BAC, AAPL, MSFT, ICLD, NOK
Week Ahead Market Report: April 13, 2015
Related symbols: GE, AAPL, BAC, JPM, NOK
All videos » |
Stock market definitions »
Sports Goods: Hibbett Sports, Nike, Lululemon
| Market News Video | Copyright © 2008 - 2015, All Rights Reserved
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.