Hibbett, Inc. (NASDAQ:HIBB) Q3 2023 Earnings Call Transcript

Bob Volke: Clearly, some higher sales give you that leverage point, and that’s going to be the biggest individual factor. But again, as we’ve continued to kind of evolve our business over the last couple years, we’re taking some pretty critical looks at some of our spending categories. I think, Ben touched on it earlier, we are doing a lot of things within the stores to manage labor. We’ve got a lot of under technology that’s starting to really pay dividends, things we’ve invested over the last couple years. And I do believe that overall, we’re working hard to kind of maintain that cost structure so that not only do we get leveraged during times of stronger sales, but we can manage those expenses more effectively even in additional quarters going forward.

Operator: Thank you. There are no further questions at this time. I would now like to hand the call back over to Mike Longo for any closing comments.

Mike Longo: Well, thank you very much for your time today. We appreciate the opportunity to speak to our business and to congratulate our teammates on another successful quarter, and we appreciate it. So with that, we’ll conclude.

Operator: Thank you. This does conclude today’s teleconference. We appreciate your participation. You may disconnect your lines at this time. Enjoy the rest of your day.