Hibbett Sports Q4 Profit Up; 50 to 55 New Stores on Tap for 2011
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Hibbett Sports said that its fiscal fourth-quarter net income climbed 6 percent on higher sales. The sporting goods retailer also predicts its fiscal 2012 earnings will be in line with Wall Street's view. Hibbett Sports reported net income of $12.5 million for the period ended Jan. 29, up from $11.8 million a year earlier, better than Wall Street expected.
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