QUOTE AND NEWS
Benzinga  May 22  Comment 
Aeropostale Inc (NYSE: ARO) fell 13.90 percent to $2.23 in pre-market trading after the company reported a wider-than-expected loss for the first quarter. Prima Biomed Ltd. (NASDAQ: PBMD) shares tumbled 10.49 percent to $2.73 in pre-market...
Wall Street Journal  May 22  Comment 
Hibbett Sports said its first-quarter profit fell 3.5% as weak sales in February prompted markdowns and cut into margins.
Benzinga  May 22  Comment 
Hibbett Sports, Inc. (NASDAQ: HIBB) reported weaker-than-expected results for the first quarter and lowered its forecast for the full year. The Birmingham, Alabama-based company reported quarterly earnings of $27.4 million, or $1.09 per share,...
Benzinga  Mar 16  Comment 
In a report published Monday, BMO Capital Markets analyst Wayne Hood reiterated a Market Perform rating and $53.00 price target on Hibbett Sports, Inc. (NASDAQ: HIBB). In the report, BMO Capital Markets noted, "Our comments follow Hibbett's 4Q14...
MarketWatch  Mar 16  Comment 
Hibbett Sports Inc. shares fell 4% on Monday after Sterne Agee analyst Sam Poser cut the stock to underperform from neutral. The company's lack of online sales is his key worry. Hibbett's unlikely to see double-digit per-share profit growth until...
Benzinga  Mar 13  Comment 
Shares of Hibbett Sports Inc. (NASDAQ: HIBB) climbed more than 10% in pre-market trading after the company reported better-than-expected results for the fourth quarter. The Birmingham, Alabama-based company posted quarterly earnings of $19.9...




 
     Table of Contents      
Intro and Overview
     Introduction
     Business Overview
Trends and Forces
      Key Trends and Forces
Competition

Hibbett Sports (NASDAQ: HIBB) sells sporting goods in retail stores predominately in the Sun Belt, Mid-Atlantic, and lower Midwest regions of the U.S.A. It focuses on markets where there is little to no direct competition - small counties with as few as 30,000 people - and as a result, its stores are smaller than those of major sporting goods retailers Dick's Sporting Goods (50,000 square feet) and Big 5 (11,000 square feet).[1] It also differs from its peers in selling only full-priced products rather than a mix of premium and discount goods.

Hibbett mainly competes with local independent sporting goods stores rather than national chains because of its small store size, and its lack of discount offerings. Hibbett depends on discretionary income to build its sales - its products are not necessary commodities. As such, the company is exposed to a hurting U.S. economy, the credit crunch, and seasonal fluctuations.

Well many products range in price and can be very dfeferint in cost. Like for example in jackets, some jackets can be $300 and some jackets with Gore-Tech material can be up to $500. My pants are Burton Cargo pants and they were $200. My helmet is made my Pro tech and it was about $60. My boots where about $100 and they were pretty good boots. My board is a Forum Destroyer and i paid about $500?? Around there i forgot how much it cost. My bindings are Burton Cartel Bindings and cost about $250. Many equipment can vary in price due to the materials that are involved in making those products.

References

  1. HIBB 2007 10K, Item 1:Business, pg.5
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