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AdWeek NewsMar 05, 2021
Here's What Brands Are Doing for Women's History Month 2021
While International Women's Day and Women's History Month initiatives can start to feel a little bit repetitive and performative year after year, the pandemic has revealed how deeply entrenched gender discrimination and inequities remain--despite the progress we've made. Some brands are using this largely ceremonial month to directly address the disparities that have been exacerbated...

MarketWatch MarketPulseMar 05, 2021
Hibbett Sports profit beats estimates but sales fall slightly short
Hibbett Sports Inc. said Friday it had net income of $23.9 million, or $1.39 a share, in its fiscal fourth quarter to Jan. 30, up from $6.0 million, or 34 cents a share, in the year-earlier period. Adjusted per-share earnings came to $1.40, ahead of the $1.37 FactSet consensus. The sporting fashion retailer said sales rose 20.4% to $376.8 million from $313.0 million, just below the FactSet consensus of $381 million. Comparable sales rose 21.9%, with brick and mortar same-store sales up 17.7%. E-commerce comparable sales rose 44.78% to account for 17.1?% of overall sales. "The strong momentum that we experienced in our business in the second and third quarters continued in the fourth quarter," Chief Executive Mike Longo said in a statement. Looking ahead, Hibbett is expecting to continue to attract customers to its omni-channel platform and to take advantage of pent-up demand growing during the pandemic, and of government stimulus payments. It expects fiscal 2021 EPS to range from $5.00 to $5.50, compared with a current FactSet consensus of $5.10. Shares were not yet active premarket, but have gained 222% in the last 12 months, while the S&P 500 has gained 20%.

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