Hibbett Inc (NASDAQ:HIBB) shares dropped after reporting Q4 FY24 sales of $466.59 million, missing estimates of $477.49 million. Comparable sales fell 6.4%, with brick and mortar sales down 9.2% and e-commerce up 6.9%. EPS was $2.55, below the expected $2.56. Gross and operating margins contracted, and operating income decreased by 19.9%. The company plans significant investments in FY25, expecting flat to 2% sales growth and an EPS of $8.00-$8.75, below the consensus of $8.82. Challenges include inflation, interest rates, promotional activity, wage pressures, consumer caution, and geopolitical conflicts. HIBB shares fell 11% in premarket trading.