Hibbett Sports

Hibbett, Inc. engages in the provision of sporting goods business. Its stores are operating under the Hibbett Sporting Goods and City Gear banners and an omni-channel platform. The firm features a core selection of brand name merchandise emphasizing athletic footwear, athletic and fashion apparel, team sports equipment and related accessories. The company was founded in 1945 and is headquartered in Birmingham, AL.

Earnings data Q3 2021

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Hibbett Inc. reports strong Q1 sales growth despite retail challenges

Hibbett Inc. reported strong sales growth and comp sales increase despite a challenging retail environment. The company is actively addressing cost reduction and expects a lift in margins in the back half of the year. However, challenges in apparel and team sports sales, along with a tough sales environment, are areas of concern.

Hibbett reports Q2 performance, focuses on efficiency and strategic positioning

Hibbett's Q2 performance faced challenges in certain categories and economic concerns, but the company remains focused on efficiency, cost management, and strategic positioning in underserved markets. The potential impact of college football season and increased support from brand partners present opportunities for growth.

Hibbett reports strong Q3 performance, focuses on expense management

Hibbett's Q3 performance was marked by strong sales in footwear and back-to-school season, but challenges in apparel and inventory management. The company is focused on expense management, reinvesting savings, and driving efficiency. Opportunities exist in holiday spending and the growth of the women's business.

Hibbett Sports excels in Q4, eyes growth amidst challenges

Hibbett Sports' Q4 performance was robust, driven by strong sales growth and profitability improvements.
While facing challenges like inventory increases and weaker apparel performance, the company is poised for growth.
Opportunities lie in optimizing supply chains, enhancing operating leverage, and capitalizing on market share gains.
Guidance for FY2024 reflects a focus on cost savings, new store openings, and navigating consumer environment uncertainties.

Hibbett Sports reports solid Q1 performance amidst challenges and opportunities

Hibbett Sports delivered a solid Q1 performance with strong footwear growth but faced challenges in apparel and team sports categories.
The company is actively managing costs and focusing on new store development to drive growth.
Despite facing inflation and tough sales environment, Hibbett Sports is optimistic about margin improvement and cost-cutting opportunities.

Hibbett Sports reports solid Q2 performance amidst sales challenges

Hibbett Sports navigated challenges in sales with a focus on competitive strengths and growth opportunities. Despite financial decreases, the company remains optimistic about future performance, emphasizing new market entries and operational efficiency.

Hibbett Sports excels in Q3, eyes e-commerce growth and customer loyalty

Hibbett Sports demonstrated resilience and strategic focus in Q3, leveraging strengths in e-commerce, expense management, and customer loyalty to drive financial performance.
While facing challenges in gross margin and inventory management, the company is well-positioned to capitalize on opportunities in e-commerce growth, women's business, and consumer engagement.
By maintaining a strong operational focus and capitalizing on market trends, Hibbett Sports aims to sustain its growth trajectory and enhance customer relationships for continued success.
Investors can look forward to a promising outlook with adjusted guidance, emphasizing a commitment to profitability and strategic expansion in both physical and online retail channels.

Hibbett Sports achieves record sales in Q4 '24, focuses on digital growth and store expansion

Hibbett Sports delivered a solid financial performance in Q4 '24, setting a new sales record and focusing on footwear sales and loyalty program growth. While facing challenges with gross margin and wage pressures, the company capitalized on its digital presence and store expansion. Opportunities exist in enhancing omnichannel efforts and innovating launch processes for continued growth.

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Hibbett Sports retails sporting products. The company operates small to midsize stores in the South, Southwest, Mid-Atlantic, and Midwest regions of the country. It sells a wide variety of sporting items, such as apparel, footwear, accessories, and team sports equipment.

BIRMINGHAM, Ala.--( BUSINESS WIRE )--Hibbett, Inc. (Nasdaq/GS: HIBB), an athletic-inspired fashion retailer, today announced details for the release of its results for the third quarter ended October 29, 2022.

Hibbett Announces Third Quarter Fiscal 2023 Earnings Release and Webcast Details

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Although retail sales have been slowing, the apparel market is witnessing steady growth in sales, helping stocks like Chico's FAS, Inc. (CHS), The Buckle, Inc. (BKE), Designer Brands Inc. (DBI) and Hibbett, Inc. (HIBB).

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Although supply-chain woes and rising costs remain concerning, Hibbett (HIBB) remains well-placed on the back of solid demand, online strength and store expansion efforts.

Here's Why Hibbett (HIBB) is Marching Ahead of Its Industry

HIBB is a retailer of footwear concentrated in the U.S. Southeast. The company has shown significant top-line growth, but those improvements were destroyed by uncontrolled SG&A expenses.

Hibbett Is Expensive For Its Operational Risk

HIBB or FIGS: Which Is the Better Value Stock Right Now?

Hibbett has been hit hard by the market decline and as a result of weakness on both the top and bottom lines. Investors seem to be very pessimistic about the firm right now, but shares look incredibly cheap on an absolute basis.

Hibbett: A Solid Play On Market Pessimism

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Hibbett (HIBB) Just Reclaimed the 20-Day Moving Average

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The consensus price target hints at a 29.7% upside potential for Hibbett (HIBB). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

How Much Upside is Left in Hibbett (HIBB)? Wall Street Analysts Think 30%

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Hibbett (HIBB) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

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Hibbett's (HIBB) Q2 results reflect lower average product margins and higher freight and transportation costs. However, improved inventory position and better omni-channel business model are tailwinds.

Hibbett (HIBB) Q2 Earnings & Sales Lag, View Up, Stock Gains

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Hibbett, Inc. (NASDAQ:HIBB ) Q2 2023 Earnings Conference Call August 25, 2022 10:00 AM ET Company Participants Gavin Bell - Vice President of Investor Relations Mike Longo - President and Chief Executive Officer Bob Volke - Senior Vice President and Chief Financial Officer Jared Briskin - Executive Vice President of Merchandising Bill Quinn - Senior Vice President of Marketing and Digital Ben Knighten - Senior Vice President of Operations Conference Call Participants Sam poser - Williams Trading Cristina Fernandez - Telsey Advisory Justin Kleber - Robert W. Baird Alex Perry - Bank of America Mitch Kummetz - Seaport Research John Lawrence - The Benchmark Company Operator Greetings, and welcome to the Hibbett's Second Quarter Fiscal 2023 Earnings Conference Call.

Hibbett, Inc. (HIBB) Q2 2023 Earnings Call Transcript

Hibbett (HIBB) delivered earnings and revenue surprises of -17.70% and 1.39%, respectively, for the quarter ended July 2022. Do the numbers hold clues to what lies ahead for the stock?

Hibbett (HIBB) Q2 Earnings and Revenues Miss Estimates

Sporting retailer Hibbett Inc. HIBB, -5.46% posted net income of $24.7 million, or $1.86 a share, for the second quarter, down from $46.7 million, or $2.86 a share, in the year-earlier period. Sales fell 6.3% to $392.8 million from $419.3 million a year ago.

Hibbett Q2 profit falls short of estimates as sales beat

Supply-chain disruptions, inflation and increased operating costs are likely to mar Hibbett's (HIBB) Q2 results, despite gains from improved store productivity and better omni-channel capabilities.

Factors to Decide the Fate of Hibbett (HIBB) in Q2 Earnings

BIRMINGHAM, Ala.--(BUSINESS WIRE)---- $HIBB--Hibbett, Inc. (Nasdaq/GS: HIBB), an athletic-inspired fashion retailer, today announced details for the release of its results for the second quarter ended July 30, 2022. Hibbett plans to issue its second quarter fiscal 2023 earnings release before the market opens on August 25, 2022, and will host a live, interactive webcast later that same day at 10:00 a.m. ET. The webcast of Hibbett's quarterly earnings review will be available online at https://investors.h

Hibbett Announces Second Quarter Fiscal 2023 Earnings Release and Webcast Details

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Hibbett operates in a niche market that is a natural deterrent to competition. Investors have been concerned about Hibbett's relationship with Nike; the company recently addressed this concern.

Hibbett: Niche Market Player Offering A Decent Margin Of Safety

BIRMINGHAM, Ala.--(BUSINESS WIRE)---- $HIBB--Hibbett, Inc. (Nasdaq/GS: HIBB), an athletic-inspired fashion retailer, announced the resignation of Mr. Jamere Jackson, effective Thursday, June 9, 2022, and the appointment of Ms. Pamela Edwards to the Company's Board of Directors, effective Friday, June 10, 2022. Mr. Jackson is resigning for personal reasons and there were no disagreements between Mr. Jackson and the Company in connection with his resignation. The resignation and subsequent appointment main

Hibbett Announces Changes to the Board of Directors

Hibbett's (HIBB) Q1 results reflect lower customer spending and the absence of stimulus payments. However, improved store productivity, omni-channel growth and better inventory have been tailwinds.

Hibbett (HIBB) Q1 Earnings Miss, Sales Surpass Estimates

Hibbett, Inc. (NASDAQ:HIBB ) Q1 2023 Earnings Conference Call May 27, 2022 10:00 AM ET Company Participants Gavin Bell - Vice President, Investor Relations Mike Longo - President and Chief Executive Officer Bob Volke - Senior Vice President and Chief Financial Officer Jared Briskin - Executive Vice President, Merchandising Bill Quinn - Senior Vice President, Marketing and Digital Ben Knighten - Senior Vice President, Operations Conference Call Participants Sam Poser - Williams Trading Justin Kleber - Robert W. Baird Alex Perry - Bank of America Cristina Fernandez - Telsey Advisory Group Jim Chartier - Monness, Crespi, Hardt & Company John Lawrence - The Benchmark Company Operator Greetings and welcome to Hibbett, Inc.'s First Quarter Fiscal Year 2023 Conference Call.

Hibbett, Inc. (HIBB) CEO Mike Longo on Q1 2023 Results - Earnings Call Transcript

Hibbet, Inc (NASDAQ: HIBB) shares are pulling back nearly 10% in premarket action after what we consider to be a rosy report. While the Q1 results are mixed and earnings are below expectations the guidance is positive and accompanied by some news we (and the market) want to hear.

News for Hibbett Sports Stock (HIBB)