QUOTE AND NEWS
Yahoo  Aug 19  Comment 
These are the stocks posting the largest moves before the bell.
SeekingAlpha  Aug 19  Comment 
Benzinga  Aug 18  Comment 
As Hibbett Sports, Inc. (NASDAQ: HIBB) is getting ready to announce its second-quarter results on August 19, Canaccord Genuity is not sure whether the company's sales trends have improved. The brokerage maintains its Hold rating and price target...
Benzinga  Aug 12  Comment 
Goldman Sachs picked up Dicks Sports Goods Inc (NYSE: DKS) and Sportsman's Warehouse Holdings Inc (NASDAQ: SPWH) in the Buy list in the sporting goods segment, and dumped Hibbett Sports, Inc. (NASDAQ: HIBB) with a Sell rating. The comments...
Benzinga  Aug 12  Comment 
Although Hibbett Sports, Inc. (NASDAQ: HIBB) has been late to enter the digital space, the initiatives planned by the company would likely result in revenue growth ahead, Susquehanna’s Sam Poser said in a report. He initiated coverage of the...
Benzinga  Jun 24  Comment 
  Analysts at Cowen & Company initiated coverage on salesforce.com, inc. (NYSE: CRM) with an Outperform rating. salesforce.com shares dropped 3.51 percent to $79.39 in pre-market trading. Analysts at Stifel Nicolaus initiated coverage...




 
     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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