Hibbett Lowers Guidance For Year, Citing Inflation & Consumer Fears – Footwear News
Hibbett Inc. is the latest retailer to lower its guidance for the full year, based on a number of headwinds affecting its customers. Mike Longo, president and CEO of Hibbett, stated on Friday in the company’s first-quarter earnings release that customers are dealing with inflation, higher interest rates and concerns over outright job loss. And … Read more