— The athletic footwear and apparel retailer reported adjusted quarterly profit of $1.53 per share, missing estimates by 7 cents a share. Revenue also came in below forecasts, and a comparable-store sales increase of 4.6% was below the 5.1% estimate of analysts surveyed by Refinitiv.— Hibbett Sports earned an adjusted $1.61 per share for the first quarter, 29 cents a share above estimates.
Piper said that this move — which would be a more than 60 percent jump from current levels — is based on Amazon meeting what it considers conservative growth targets.— HP Inc. reported adjusted quarterly earnings of 53 cents per share, beating consensus estimates by 2 cents a share. The computer and printer maker's revenue also beat Street forecasts, and it issued a current quarterly outlook roughly in line with consensus.
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