Hibbett Says In Light Of Pending Transaction With JD Sports, Company Will Not Host An Earnings Conference Call And Will Not Provide Or Update Previously Issued Financial Guidance
Portfolio Pulse from Benzinga Newsdesk
Hibbett announced that due to its pending transaction with JD Sports, it will not host an earnings conference call and will not provide or update previously issued financial guidance.
June 05, 2024 | 10:38 am
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Hibbett will not host an earnings conference call or update financial guidance due to its pending transaction with JD Sports. This could create uncertainty among investors.
The decision to not host an earnings call or update financial guidance can create uncertainty and concern among investors, potentially leading to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100