QUOTE AND NEWS
Benzinga  Aug 8  Comment 
The following firms have published reports on Hibbett Sports (NASDAQ: HIBB) following the release of both its second quarter results and revised full-year guidance. Raymond James - Market Perform, NA "While we are supportive of Hibbett's...
TheStreet.com  Aug 8  Comment 
NEW YORK (TheStreet) --Shares of Hibbett Sports Inc. are lower by -10.53% to $44.80 in pre-market trading on Friday, after the company lowered its outlook for the 2014 fiscal year. The sporting goods retailer is now expecting to report earnings...
TheStreet.com  Aug 8  Comment 
NEW YORK (TheStreet) -- RATINGS CHANGES Allergan was upgraded at Leerink Swann to outperform from market perform. Risk/reward is compelling, following a significant pullback in the stock, Leerink Swann said. Twelve-month price target is...
Benzinga  Aug 8  Comment 
Shares of Hibbett Sports (NASDAQ: HIBB) have dropped more than nine percent in Friday's pre-market session after the company released disappointing preliminary results for its second quarter. After the close Thursday, Hibbett announced that it...
Benzinga  Aug 8  Comment 
Analysts at BMO Capital downgraded Hibbett Sports (NASDAQ: HIBB) from Outperform to Market Perform. The target price for Hibbett Sports has been lowered from $64.00 to $52.00. Hibbett Sports shares have declined 17.89% over the past 52 weeks,...
Motley Fool  Jul 27  Comment 
...and why you should consider it for your portfolio.
Motley Fool  Jul 21  Comment 
Size isn't everything when it comes to stock picking. My preferred sporting goods retailer may not be the biggest player in the market, but it is more attractive as an investment than a larger peer.
SeekingAlpha  Jul 15  Comment 
By David Hernandez: Short-Term Financial Problems Hibbett Sports, Inc. (NASDAQ:HIBB) has grown substantially over the last 5 years. Growth Rate 2009 2010 2011 ...
SeekingAlpha  Jun 5  Comment 
BySeth Golden: On May 23rd Hibbett Sports Inc. (HIBB) reported mixed results and worrisome same store sales comparisons that were trending negative during the early months of May. For the first quarter, total sales increased 21.9 million to 261.9...
SeekingAlpha  May 28  Comment 
ByMarshall Hargrave: Most bricks-and-mortar retailers tend to flock to markets where there are many people. This means that many small and rural towns are out of luck when it comes to shopping. The retailers that can carve out niches by serving...




 
     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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