The company apparently was in motion too soon and drew a yellow flag. Holiday comparable sales came in only 1% above last year. One wonders how Hibbett was able to reiterate earnings guidance of $0.27 to $0.29 for the fourth quarter with a straight face. But if you read the release, you'd never know there was a hint of a problem. You would have found plenty of mention of an 11.9% increase in net sales and an increase in gross margins, as well as talk of the Big Mo -- "momentum" -- building as December sales outpaced November's.