**Hibbett Sports’ second-quarter sales declined despite a rise in comparable sales and a marginal increase in first-half sales.**
**Key takeaways:**
* Net sales decreased 0.7% to $346.9 million in the second quarter ended July 30, 2023, compared to $349.2 million in the prior-year period.
* Comparable sales increased 1.2% in the quarter.
* Total sales for the first half of fiscal 2023 rose 1.5% to $682.4 million, compared to $672.2 million in the same period of the previous year.
* Net income decreased 31.7% to $21.5 million, or $1.54 per diluted share, in the second quarter, compared to $31.5 million, or $2.25 per diluted share, in the prior-year period.
* The company opened six new stores and closed two stores during the second quarter, resulting in a total of 1,046 stores in operation at the end of the quarter.
**CEO Mike McGoogan’s comments:**
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