Hibbett Sports, Inc. (HIBB) - NASDAQ
  • Fri, May 20, 6:54 AM
    • Hibbett Sports (NASDAQ:HIBB) reports comparable-store sales rose 1.1% in Q1.
    • Gross profit rate improved 20 bps to 37.2%.
    • Store operating, selling, and administrative expenses rate grew 70 bps to 19.9%.
    • Operating margin rate fell 50 bps to 15.7%.
    • Inventory +7.9% Y/Y to $251.84M
    • Store count +52 Y/Y to 1,053.
    • FY2017 Guidance:Comparable-store sales growth: low single digit range; Product gross margin rate: relatively flat; Diluted EPS: $2.90 to $3.04.
    | Fri, May 20, 6:54 AM
  • Wed, Apr. 6, 2:13 PM
    • Shares of Hibbett Sports (HIBB -5.1%) crumble after Bank of America Merrill Lynch downgrades the retailer to a Sell rating from Neutral.
    • Hibbett has stuck with a plan to expand, despite slumping comps and margin rates.
    • Now read Hibbett Sports: Upside Has Been Captured 
    | Wed, Apr. 6, 2:13 PM
  • Fri, Mar. 11, 6:48 AM
    • Hibbett Sports (NASDAQ:HIBB) reports comparable-store sales fell 0.6% in Q4.
    • Gross profit rate decreased 70 bps to 34.8%.
    • Store operating, selling, and administrative expenses rate rose 140 bps to 21.8%.
    • Operating margin rate dropped 210 bps to 11.2%.
    • Inventory +17.8% Y/Y to $283.1M
    • Store count +56 Y/Y to 1,044.
    • FY2017 Guidance:Comparable-store sales growth: low single digit range; Product gross margin rate: relatively flat; Diluted EPS: $2.90 to $3.04; Capex: ~$35M to $40M; New stores: 40 to 50.
    | Fri, Mar. 11, 6:48 AM
  • Tue, Feb. 16, 11:02 AM
    • Specialty retail stocks are breaking out of the pack to record strong gains.
    • A number of economists have revised their forecast upward on the part of consumer spending tied to low-ticket household/clothing/recreational items.
    • The Container Store (TCS +10.4%), Zagg (ZAGG +7.9%), Pier 1 Imports (PIR +4.2%), Chico's (FAS +3.4%), Five Below (FIVE +3%), and Destination XL Group (DXLG +5.5%) are notable gainers.
    • The sporting goods sector is also showing strength - Hibbett Sports (HIBB +3.6%), Cabela's (CAB +3.7%), Dick's Sporting Goods (DKS +2.4%), and Big 5 Sporting Goods (BGFV +1.9%) are all ahead of broad market averages.
    | Tue, Feb. 16, 11:02 AM
  • Tue, Jan. 5, 11:12 AM
    • Smith & Wesson (NASDAQ:SWHC) is up 12% on a huge volume spike to reach a post-IPO high.
    • The company lifted guidance last night and the gun debate has been raging this week with President Obama poised to take some executive action refinements to gun control regulations.
    • SWHC reached a high of $26.64.
    • Sturn Ruger (NYSE:RGR) is also ripping, up 7.1% to a 52-week high off the same enthusiasm that short-term gun and ammo demand could pick up.
    • Vista Outdoor (VSTO +4.9%) and Cabela's (CAB +1%) are also catching bids off the gun control focus, while rallies in Dick's Sporting Goods (DKS +1.3%), Hibbett Sports (HIBB +1.3%), and Sportsman's Warehouse (SPWH +2.6%) look more speculative based off the actual impact of gun sales on total revenue.
    • Previously: Obama set to roll out gun control actions today (Jan. 05 2016)
    • Previously: Smith & Wesson hikes guidance; shares +3.7% (Jan. 04 2016)
    | Tue, Jan. 5, 11:12 AM | 5 Comments
  • Dec. 2, 2015, 9:54 AM
    • Sporting goods stocks are all ahead of broad market averages with some M&A speculation in the background.
    • Cabela's (CAB +1.4%) has confirmed it will explore strategic options which could include a combination with another chain or set off other companies on a similar plan. Many analysts think the market is oversaturated on a square footage basis.
    • Gainers: Big 5 Sporting Goods (NASDAQ:BGFV) +1.5%, Dick's Sporting Goods (NYSE:DKS) +1.0%, Hibbett Sports (NASDAQ:HIBB) +0.7%, Sportsman's Warehouse Holdings (NASDAQ:SPWH) +1.2%.
    • Previously: Cabela's to evaluate strategic options (Dec. 02 2015)
    | Dec. 2, 2015, 9:54 AM
  • Nov. 20, 2015, 12:47 PM
    | Nov. 20, 2015, 12:47 PM
  • Nov. 20, 2015, 10:09 AM
    • Strong earning reports from Foot Locker (FL +7.9%), Hibbett Sports (HIBB +4.7%), Sportsman's Warehouse Holdings (SPWH +19.6%) seem to be reverberating around the sportswear/footwear sector.
    • Lululemon (LULU +5.3%), Big Five Sporting Goods (BGFV +2.4%), Skechers (SKX +4.4%), Columbia Sportswear (COLM +4.1%), Under Armour (UA +3.6%), V.F. Corp (VFC +1.7%), Steven Madden (SHOO +3.5%), Crocs (CROX +2.2%), and Wolverine Worldwide (WWW +3.3%) are all solidly higher.
    • Cabela's (CAB +7.2%) is higher off more merger speculation, while Nike (NKE +5%) gave investors plenty of reasons to smile last night on the buybacks and dividend front.
    • Dick's Sporting Goods (DKS -0.2%) hasn't joined the sportswear party quite yet as the company's large retail footprint continues to dampen enthusiasm.
    | Nov. 20, 2015, 10:09 AM | 3 Comments
  • Nov. 20, 2015, 6:44 AM
    • Hibbett Sports (NASDAQ:HIBB) reports comparable-store sales rose 0.6% in Q3.
    • Gross profit rate dropped 20 bps to 36.1%.
    • Store operating, selling, and administrative expenses rate decreased 100 bps to 21.1% mainly due to a favorable legal settlement.
    • Operating margin rate grew 80 bps to 13.1%.
    • Store count +62 Y/Y to 1,031.
    • FY2016 Guidance:Comparable-store sales: ~flat Y/Y; Diluted EPS: $2.87 to $2.94.
    | Nov. 20, 2015, 6:44 AM
  • Nov. 17, 2015, 9:37 AM
    • A dismal earnings report from Dick's Sporting Goods is impacting peers across the sporting goods sector.
    • Dick's peers Hibbett Sports (HIBB -6.6%) and Big 5 Sporting Goods (BGFV -1.9%) are both down sharply in opening trades.
    • Nike (NKE -1.2%), Deckers Outdoor (DECK -2.5%), Under Armour (UA -5.3%), and Columbia Sportswear (COLM -3.5%) are all lower in what appear to be related moves.
    • Previously: Dick's Sporting Goods -16.7% post Q3 results (Nov. 17 2015)
    | Nov. 17, 2015, 9:37 AM | 25 Comments
  • Aug. 21, 2015, 6:41 AM
    • Hibbett Sports (NASDAQ:HIBB) reports comparable-store sales declined 1.1% in Q2.
    • Gross profit rate declined 50 bps to 32.7%.
    • Store operating, selling, and administrative expenses rate rose 120 bps to 25.2% mainly due to lower comparable-store sales.
    • Operating margin rate fell 170 bps to 5.4%.
    • Store count +64 Y/Y to 1,014.
    • FY2016 Guidance:Comparable-store sales: flat or increase in the low single-digit range; Diluted EPS: $2.80 to $2.90.
    | Aug. 21, 2015, 6:41 AM
  • Aug. 10, 2015, 6:47 PM
    • Hibbett Sports (NASDAQ:HIBB) reports it had FQ2 (ended Aug. 1) revenue of $199.3M, +2.8% Y/Y and below a $209.4M consensus. EPS is expected to be in a range of $0.26-$0.28, below a $0.35 consensus. Comparable store sales fell 1.1% Y/Y.
    • CEO Jeff Rosenthal: "For the second quarter, comparable store sales were softer than expected. While we anticipated slower sales due to 10 states delaying their tax-free weekend by one week ... there also was underlying business softness. Details about sales trends in early August and our future outlook will be discussed when we report full second quarter results on August 21, 2015."
    • Shares have fallen to $43.00 in AH trading.
    | Aug. 10, 2015, 6:47 PM
  • Aug. 10, 2015, 5:40 PM
    | Aug. 10, 2015, 5:40 PM | 1 Comment
  • May 22, 2015, 7:04 AM
    • Hibbett Sports (NASDAQ:HIBB) reports comparable-store sales fell 0.9% in Q1.
    • Gross profit rate declined 50 bps to 37%.
    • Store operating, selling, and administrative expenses rate grew 50 bps to 19.2%.
    • Operating margin rate -121 bps to 16.23%.
    • Inventory +13.1% Y/Y to $233.36M.
    • Store count +62 Y/Y to 1,001.
    • FY2016 Guidance:Comparable-store sales: low single-digit range; Product gross margin rate: flat to slightly negative; Diluted EPS: $2.95 to $3.04.
    • HIBB -1.70% premarket.
    | May 22, 2015, 7:04 AM
  • Mar. 13, 2015, 9:14 AM
    | Mar. 13, 2015, 9:14 AM | 7 Comments
  • Jan. 7, 2015, 1:29 PM
    • Sporting goods chains trade higher after a report on Dick's Sporting Goods going private throws a spotlight on the sector.
    • Big Five Sporting Goods (BGFV +3.1%), Hibbert Sports (HIBB +3.9%), and Cabela's (CAB +3.5%) are all well ahead of market averages.
    • Previously: Dick's surges on going-private speculation
    | Jan. 7, 2015, 1:29 PM
Company Description
Hibbett Sports, Inc. engages in the ownership and operation of sporting goods stores. Its stores offer footwear, apparel, accessories, and sports and fitness products. The company was founded in 2007 and is headquartered in Birmingham, AL.
Sector: Services
Industry: Sporting Goods Stores
Country: United States