Hibbett, Inc. provided earnings guidance for the year 2022. For the year, the company expects net sales are expected to be relatively flat in dollars compared to Fiscal 2022 results. This implies comparable sales in the negative low single digits.

Net new store growth is expected to be in the range of 30 to 40 stores. Operating profit is expected to be in the low double digits as a percent of sales. Diluted earnings per share are anticipated to be in the range of $9.75 - $10.50.