Short Sellers Provide Entry Into Hibbett Inc At Rock Bottom Prices

Published by
ValueWalk

Hibbett Inc Pulls Back Despite Rosy OutlookHibbett Inc (NASDAQ:HIBB) shares are pulling back nearly 10% in premarket action after what we consider to be a rosy report. While the Q1 results are mixed and earnings are below expectations the guidance is positive and accompanied by some news we (and the market) want to hear. Hibbett Inc says supply chain headwinds have improved, inventory is up, and the company is well-positioned for the summer. Q1 2022 hedge fund letters, conferences and more The takeaway for us is that this company’s earnings are strong, there is growth in the forecast, and the …

Read More