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Weak guidance clips Hibbett Sports

Aug. 08, 2014 9:57 AM ETHibbett, Inc. (HIBB) StockBy: Clark Schultz, SA News Editor
  • Hibbett Sports (NASDAQ:HIBB -8.9%) trades lower after adjusting full year guidance due to increased markdown activity.
  • The company sees 2014 EPS of $2.63-$2.73 vs. $2.78-$2.98 prior.
  • Credit Suisse lowers its rating on Hibbett to Underperform from Neutral after taking in the update.

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