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.

Hibbett (HIBB) remains well poised for long-term growth on the back of online strength, solid demand and compelling merchandise. Yet, freight headwinds remain a concern.

Hibbett (HIBB) Up More Than 58% in a Year: What You Should Know

Hibbett (HIBB) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Why You Shouldn't Bet Against Hibbett (HIBB) Stock

BIRMINGHAM, Ala., Dec. 13, 2021 /PRNewswire/ -- Hibbett, Inc. (NASDAQ:HIBB), a Birmingham based premium footwear and athleisure retailer with more than 1,000 Hibbett and City Gear specialty stores nationwide, today announced the newest drop of a special holiday edition of Small-Town Sneakerhead (STSH), by Hibbett, Nike and Nice Kicks.

SMALL-TOWN SNEAKERHEAD HOLIDAY EPISODE FEATURES ORIGINAL CAST FROM KENTUCKY, MISSOURI, NEW YORK, WYOMING & VIRGINIA

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Hibbett's (HIBB) Q3 results gain from substantial traffic across stores and online, in-demand products, and strong vendor relationships. Management raises the fiscal 2022 view.

Hibbett (HIBB) Beats Q3 Earnings & Sales Estimates, Lifts View

Hibbett, Inc. (HIBB) CEO Mike Longo on Q3 2022 Results - Earnings Call Transcript

Hibbett Inc (NASDAQ: HIBB) reported market-beating Q3 results and gave strong guidance for the future on Friday. Shares jumped in premarket but tanked nearly 20% on open, probably as shareholders focused on BofA that downgraded the stock to “neutral”.

Hibbett Inc shares tanked 20% on Friday: this might be why

Hibbett (NASDAQ:HIBB) reported its Q3 earnings results on Friday, December 3, 2021 at 06:30 AM. Here's what investors need to know about the announcement.

Recap: Hibbett Q3 Earnings

Hibbett Inc (NASDAQ: HIBB) reported third-quarter FY21 sales growth of 15.2% year-on-year, to $381.72 million, beating the analyst consensus of $360.63 million. Comparable sales increased 13% versus last year, as brick and mortar comparable sales increased 11.6% and e-commerce sales rose 22.3%.

Hibbett Stock Gains After Q3 Beat, Solid Outlook

Sporting apparel retailer Hibbett Inc. shares HIBB, -6.66% jumped 4.4% in premarket trading Friday, after the company topped earnings estimates for the third quarter and raised its guidance. Hibbett said it had net income of $25.2 million, or $1.68 a share, in its fiscal third quarter to Oct. 30, compared with $25.3 million, or $1.47 a share, in the year-earlier period.

Hibbett tops estimates for third quarter and raises guidance, stock jumps premarket

Shares of Hibbett Inc. HIBB, -6.45% tumbled 7.0% in afternoon trading Thursday, putting them on track for their longest losing streak in over 13 months, after BofA Securities analyst Alexander Perry backed away from his bullish stance on the sporting goods retailer, citing expectations of lower demand as government stimulus fades. The stock has plunged 27.9% over the past seven sessions, since it closed at a record $99.69 on Nov. 22, which would be the longest stretch of losses since the eight-day losing streak that ended Oct. 30, 2020.

Hibbett stock tumbles toward longest losing streak in over 13 months after BofA downgrade

Hibbett (HIBB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Hibbett (HIBB) Beat Estimates Again in Its Next Earnings Report?

Hibbett Inc (NASDAQ:HIBB) is likely to witness a decline in consumer demand from January, given the end of government stimulus payments and rising inflation, according to BofA Securities. The Hibbett Analyst: Alexander Perry downgraded the rating for Hibbett from Buy to Neutral, while reducing the price target from $120 to $88.

BofA Downgrades Hibbett On Lower Stimulus, Inventory Challenges

Hibbett Sports (NASDAQ:HIBB) is set to give its latest quarterly earnings report on Friday, 2021-12-03. Here's what investors need to know before the announcement.

Earnings Outlook For Hibbett Sports

Hibbett (HIBB) is expected to have benefited from strong demand, online momentum, strong vendor relationships and gains from the store refresh program in Q3 amid higher SG&A and freight expenses.

Here's What is in Store for Hibbett (HIBB) in Q3 Earnings

Hibbett (HIBB) closed at $94.92 in the latest trading session, marking a +0.72% move from the prior day.

Hibbett (HIBB) Stock Moves 0.72%: What You Should Know

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 third quarter ended October 30, 2021. Hibbett plans to issue its third quarter 2022 earnings release before the market opens on December 3, 2021, 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.hibbet

Hibbett Announces Third Quarter 2022 Earnings Release and Webcast Details

BIRMINGHAM, Ala., Nov. 11, 2021 /PRNewswire/ -- Hibbett, Inc. (NASDAQ:HIBB), a Birmingham based premium footwear and athleisure retailer with more than 1,000 Hibbett and City Gear specialty stores nationwide, announced today's drop of the latest episode of Small-Town Sneakerhead (STSH).

Murphy, Texas Sneakerhead Featured In Latest Drop Of Digital Series From Hibbett, Jordan Brand And Nice Kicks

After a blow-out quarter and an upwardly revised fiscal 2022 forecast, shares of sports apparel and merchandise retailer Hibbett, Inc. initially fell some 20%. With robust sales momentum for all things sporting goods related, an aggressive share repurchase program, and insider buying, Hibbett merited a deeper dive.

Hibbett, Inc.: A Brief Opportunity

In the latest trading session, Hibbett (HIBB) closed at $93.26, marking a +0.64% move from the previous day.

Hibbett (HIBB) Outpaces Stock Market Gains: What You Should Know

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Here are five top-ranked liquid stocks, Hibbett (HIBB), Tesla (TSLA), Arch Resources (ARCH), Magnolia Oil & Gas (MGY) and Sonos (SONO), which investors can tap for solid returns.

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Is (HIBB) Outperforming Other Retail-Wholesale Stocks This Year?

Is Hibbett (HIBB) Outperforming Other Retail-Wholesale Stocks This Year?

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For now, Americans continue to fill their shopping carts. Retailers such as Macy's (M), Hibbett (HIBB), Best Buy (BBY), Tapestry (TPR), Home Depot (HD), Target (TGT) and Costco (COST) look well poised to tap opportunities.

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Hibbett (HIBB) closed the most recent trading day at $74.95, moving +0.36% from the previous trading session.

News for Hibbett Sports Stock (HIBB)