EXHIBIT 99.1

HIBBETT SPORTS, INC. AND SUBSIDIARIES
Unaudited Condensed Consolidated Statements of Operations
(Dollars in thousands, except per share amounts)


	May 4, 2019					May 5, 2018
			% of Sales					% of Sales
Net sales	$	343,295				$	274,707
Cost of goods sold		224,692		65.5	%		177,934		64.8	%
Gross margin		118,603		34.5			96,773		35.2
Store operating, selling and administrative expenses		74,038		21.6			61,904		22.5
Depreciation and amortization		7,223		2.1			6,248		2.3
Operating income		37,342		10.9			28,621		10.4
Interest expense, net		46		-			57		-
Income before provision for income taxes		37,296		10.9			28,564		10.4
Provision for income taxes		9,439		2.7			7,055		2.6
Net income	$	27,857		8.1	%	$	21,509		7.8	%

Basic earnings per share	$	1.52				$	1.13
Diluted earnings per share	$	1.50				$	1.12

Weighted average shares outstanding:
Basic		18,308					18,970
Diluted		18,535					19,143

NOTE: % of Sales column may not foot due to rounding.

HIBBETT SPORTS, INC. AND SUBSIDIARIES
Unaudited Condensed Consolidated Balance Sheets
(In thousands)

	May 4, 2019		February 2, 2019
Assets
Cash and cash equivalents	$	116,963	$	61,756
Inventories, net		248,548		280,287
Other current assets		21,279		25,813
Total current assets		386,790		367,856
Property and equipment, net		106,616		115,394
Right of use assets, net		203,655		-
Goodwill		19,661		23,133
Tradename intangible		32,400		32,400
Other noncurrent assets		5,571		7,282
Total assets	$	754,693	$	546,065

Liabilities and Stockholders' Investment
Accounts payable	$	105,834	$	107,315
Short-term lease liabilities		66,935		-
Credit facilities		26,000		35,000
Capital lease obligations		-		1,017
Accrued expenses		22,484		29,941
Total current liabilities		221,253		173,273
Long-term lease liabilities		160,716		-
Long-term capital lease		-		1,994
Other noncurrent liabilities		10,908		34,749
Stockholders' investment		361,816		336,049
Total liabilities and stockholders' investment	$	754,693	$	546,065

HIBBETT SPORTS, INC. AND SUBSIDIARIES
GAAP to Non-GAAP Reconciliation
(Dollars in thousands, except per share amounts)
(Unaudited)

	13 Weeks Ended May 4, 2019
			Non-Recurring Costs
	GAAP Basis (As Reported)		Acquisition Costs ⁽¹⁾			Strategic Realignment Costs ⁽²⁾			Non-GAAP Basis May 4, 2019
											% of Sales
Net sales	$	343,295	$	-		$	-		$	343,295
Cost of goods sold		224,692		956			-			223,736		65.2	%
Gross margin		118,603		956			-			119,559		34.8
Store operating, selling and administrative expenses		74,038		734			900			72,404		21.1
Depreciation and amortization		7,223		-			-			7,223		2.1
Operating income		37,342		1,690			900			39,932		11.6
Interest expense, net		46		-			-			46		-
Income before provision for income taxes		37,296		1,690			900			39,886		11.6
Provision for income taxes		9,439		(428	)		(228	)		10,095		2.9
Net income	$	27,857	$	1,262		$	672		$	29,791		8.7	%

Basic earnings per share	$	1.52	$	0.07		$	0.04		$	1.63
Diluted earnings per share	$	1.50	$	0.07		$	0.04		$	1.61

Weighted average shares outstanding:
Basic		18,308		18,308			18,308			18,308
Diluted		18,535		18,535			18,535			18,535


1) Non-recurring acquisition costs represent costs incurred during the 13weeks ended May 4, 2019, related to the acquisition of City Gear, LLC and consists primarily of amortization of inventory fair-market value step-up, contingent earnout valuation update and legal, accounting and professional fees.
2) Non-recurring strategic realignment costs represent costs incurred during the 13weeks ended May 4, 2019, related to our accelerated store closure plan and consists of impairment costs.

END OF EXHIBIT 99.1