March 20, 2020 Hibbett Net Slips in Q4; Stores Remain Open
Net income declined 10% in the final quarter to $6,001,000 from $6,634,000 as revenues inched up 2% to $313,024,000 from $305,964,000 including a 4.0% increase in comp store sales over last year’s 3.8% comp gain. Covid19 Update: Deckers, Shoe Carnival, Dunham’s, Sports Direct
Deckers, which has already closed its retail stores, saw its still operating e-commerce business dealt a setback by CA Governor Gavin Newsom, who is ordering all residents of the state to stay at home.
Woom Bikes USA is recalling about 5,500 model 4 (20 inch), 5 (24 inch) and 6 (26 inch) bicycles because their front fork can loosen and detach.
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