The net loss was $1,222,000 against a loss of $3,176,000 in the second quarter ended Aug. 4 as sales increased 12% to $211,123,000 from $187,958,000 with comps up 4.1%, lapping last year’s disastrous -11.7% comp. The results missed expectations for a profit on stronger sales, and HIBB shares dropped 30% in early trading. Comps were +3.0% in May, +5.4% in June and +3.7% in July, and revenues include a $16.9 million benefit from the calendar shift against the 53-week 2017. E-commerce sales now represent 8% of the top line and continue to improve sequentially, with Buy Online, Pick up in ... Log in to view full article.