QUOTE AND NEWS
Benzinga  Nov 21  Comment 
Hibbett Sports, Inc. (NASDAQ: HIBB) reported lower-than-expected quarterly earnings and slashed its FY 2017 EPS guidance on slower-than-expected sales of higher margin seasonal products. Hibbett reported third-quarter EPS of $0.66, well below...
Motley Fool  Nov 19  Comment 
These stocks led the market down Friday. Find out why.
Benzinga  Nov 18  Comment 
The Dow fell 0.17 percent 18,872.35, while the NASDAQ composite index dropped 0.29 percent to 5,318.72. The broader Standard & Poor's 500 index fell 0.24 percent to 5,318.72. The worst performing industries in the market today...
SeekingAlpha  Nov 18  Comment 
Benzinga  Nov 18  Comment 
  Companies Reporting Before The Bell Abercrombie & Fitch Co. (NYSE: ANF) is estimated to report its quarterly earnings at $0.22 per share on revenue of $832.90 million. Foot Locker, Inc. (NYSE: FL) is projected to report its...
CNNMoney.com  Sep 19  Comment 
Shares of sporting goods chain Dick's are up more than 70% this year, making it one of the hottest retailers out there. Rivals have gone bankrupt and the company continues to gain ground.




 
     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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