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Hibbett Sports hiked its full-year guidance after reporting first-quarter results that came in well above Wall Street targets with a boost from a resurgence in team sports categories. The gains came despite inventory shortages due to supply chain challenges. Hibbett’s comps are now projected to jump in the range from high-single digits to positive low-double digits for 2021, up from previous guidance of negative low-single digits to positive low-single digits.

Hibbett Sports reported significant gains in fourth-quarter earnings and sales and expressed confidence that new customers captured during the pandemic would boost sales in the years ahead. However, Hibbett officials also warned of supply chain disruptions and provided muted guidance for 2021 due to uncertainties in the marketplace.

During a session at the virtual NRF Big Show, Bill Quinn, SVP digital commerce at Hibbett Sporting Goods, discussed how the small-town sporting goods chain navigated the increase in online orders during the pandemic and in turn elevated its omnichannel offerings. He said, “The biggest thing that the pandemic did for us is to stress test everything that we had.”