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Hibbett stock's current price is already discounting a very pessimistic scenario. Yet, see why I think it is worth initiating a position in HIBB stock.
/PRNewswire/ Hibbett, Inc. (NASDAQ: HIBB ), an athletic-inspired fashion retailer with nearly 1,100 Hibbett and City Gear stores nationwide, today announced.
Most retailers in the active lifestyle space again broadly delivered third-quarter results that topped Wall Street’s targets and lifted their 2021 guidance as sales momentum remained resilient. However, supply chain concerns, marked by port congestion and factory shutdowns in Vietnam, were widely discussed on recent quarterly calls. Insights from Dick’s Sporting Goods, Hibbett, Academy Sports + Outdoors, Big 5, Kohl’s, Foot Locker, Lululemon, and others follow.