Hibbett, Inc. (HIBB)

July 25, 2024 - Hibbett, Inc. (HIBB) was acquired by JD Sports Fashion plc.
87.49
0.00 (0.00%)
Last trade price on Jul 24, 2024
115.33%
Market Cap 1.05B
Revenue (ttm) 1.73B
Net Income (ttm) 103.16M
Shares Out 11.95M
EPS (ttm) 8.17
PE Ratio 10.71
Forward PE 10.26
Dividend $0.75 (0.86%)
Ex-Dividend Date Mar 20, 2024
Volume 1,059,843
Open 87.48
Previous Close 87.49
Day's Range 87.48 - 87.50
52-Week Range 36.77 - 87.53
Beta 1.88
Analysts Hold
Price Target 78.71 (-10.04%)
Earnings Date Aug 23, 2024

About HIBB

Hibbett, Inc. together with its subsidiaries, engages in the retail of athletic-inspired fashion products in the United States. Its stores offer a range of merchandise, including athletic footwear, athletic and fashion apparel, team sports equipment, and related accessories. The company operates Hibbett stores, City Gear stores, and Sports Additions athletic shoe stores. It also sells its products through online channels. The company was founded in 1945 and is headquartered in Birmingham, Alabama. As of July 25, 2024, Hibbett, Inc. operates as ... [Read more]

Industry Apparel Retail
IPO Date Oct 10, 1996
Employees 12,500
Stock Exchange NASDAQ
Ticker Symbol HIBB
Full Company Profile

Financial Performance

In 2023, Hibbett's revenue was $1.73 billion, an increase of 1.20% compared to the previous year's $1.71 billion. Earnings were $103.16 million, a decrease of -19.44%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for HIBB stock is "Hold." The 12-month stock price forecast is $78.71, which is a decrease of -10.04% from the latest price.

Price Target
$78.71
(-10.04% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Hibbett Announces Completion of Acquisition by JD Sports Fashion plc

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Hibbett, Inc. (Nasdaq/GS: HIBB), an athletic-inspired fashion retailer, today announced the completion of the Company's acquisition by JD Sports Fashion plc (“JD”), ...

3 months ago - Business Wire

Avantor Set to Join S&P MidCap 400; QuidelOrtho & Schneider National to Join S&P SmallCap 600

NEW YORK , July 23, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600: Avantor Inc. (NYSE:AVTR) will replace QuidelOrtho Corp. (NASD...

Other symbols: APOAVTRQDELSNDRSPGI
3 months ago - PRNewsWire

HIBBETT INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Hibbett, Inc. - HIBB

NEW ORLEANS , July 2, 2024 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

4 months ago - PRNewsWire

Hibbett shares fall as Q1 sales miss analysts' estimate

Hibbett Inc. HIBB, -0.12% reported better-than-expected profit before market open Wednesday, although sales came in below analysts' estimate. The sporting goods retailer posted net income of $32.5 mil...

4 months ago - Market Watch

Hibbett Reports First Quarter Fiscal 2025 Results

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Hibbett, Inc. (“Hibbett”) (Nasdaq/GS: HIBB), an athletic-inspired fashion retailer, today provided financial results for its first quarter ended May 4, 2024, and bus...

5 months ago - Business Wire

Hibbett Announces First Quarter 2025 Earnings Release Schedule

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Hibbett, Inc. (Nasdaq/GS: HIBB), an athletic-inspired fashion retailer, today announced the Company plans to issue its first quarter 2025 earnings release before the...

5 months ago - Business Wire

HIBBETT INVESTOR ALERT By the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Hibbett, Inc. - HIBB

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Hibbett, Inc. (N...

5 months ago - Business Wire

HIBBETT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Hibbett, Inc. - HIBB

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Hibbett, Inc. (N...

6 months ago - Business Wire

Nike, Adidas, and HOKA will soon be sold in JD Sports thanks to Hibbett's $1 billion buy

JD Sports Fashion has proposed to buy American athletic fashion retailer Hibbett Inc for about $1.08 billion, the companies said on Tuesday, as Britain's biggest sportswear retailer looks to expand ac...

Other symbols: NKE
6 months ago - Fast Company

JD Sports Steps Up U.S. Push With $1.1 Billion Deal for Hibbett

JD Sports is buying Hibbett in a deal that values the American retailer at $1.1 billion, doubling down on its push into the U.S. at a challenging time for the sports-retail market.

6 months ago - WSJ

JD Sports To Buy Hibbett In $1 Billion U.S. Expansion Deal

The U.K.'s biggest sportswear retailer JD Sports Fashion is to buy Alabama-based athletic fashion retailer Hibbett Inc. for about $1.08 billion, the companies said Tuesday.

6 months ago - Forbes

British retailer JD Sports to buy US rival Hibbett for $1.08 billion

British sportswear retailer JD Sports Fashion has proposed to buy U.S. athletic-fashion retailer Hibbett Inc for about $1.08 billion, the companies said on Tuesday.

6 months ago - Reuters

Hibbett, Inc. Announces Definitive Agreement to be Acquired by JD Sports Fashion plc

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Hibbett, Inc. (“Hibbett”) (Nasdaq:HIBB), an athletic-inspired fashion retailer, today announced a definitive agreement in which JD Sports Fashion plc (“JD Sports”) (...

6 months ago - Business Wire

Hibbett's stock falls 8% after earnings and guidance fall short of estimates

Hibbett Inc.'s stock HIBB, -1.80% tumbled 8% in premarket trade Friday, after the sporting goods retailer's fiscal fourth-quarter earnings fell short of estimates and it offered soft guidance for the ...

7 months ago - Market Watch

Hibbett Reports Fourth Quarter and Fiscal 2024 Results

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Hibbett, Inc. (Nasdaq/GS: HIBB), an athletic-inspired fashion retailer, provided financial results for its fourth quarter and full year ended February 3, 2024, (“Fis...

7 months ago - Business Wire

Hibbett Announces Fourth Quarter and Year-End 2024 Earnings Release and Webcast Details

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Hibbett, Inc. (Nasdaq/GS: HIBB), an athletic-inspired fashion retailer, today announced details for the release of its results for the fourth quarter and year ended ...

8 months ago - Business Wire

Hibbett Is More Protected Than It Seems

Hibbett has shown resilience in maintaining its operations despite challenging circumstances. The bullish argument for investing in Hibbett includes its low multiples of current earnings and its abili...

8 months ago - Seeking Alpha

Hibbett, Inc. (HIBB) Q3 2024 Earnings Call Transcript

Hibbett, Inc. (NASDAQ:HIBB) Q3 2024 Earnings Conference Call November 21, 2023 9:00 AM ET Company Participants Gavin Bell - Vice President, Investor Relations Mike Longo - President and CEO Jared Bri...

1 year ago - Seeking Alpha

Hibbett Q3 earnings sweep past estimates and retailer raises profit guidance

Hibbett Inc. HIBB posted better-than-expected earnings for the third quarter on Tuesday, and raised its guidance, despite a still challenging retail environment. The sporting goods retailer posted net...

1 year ago - Market Watch

Hibbett Reports Third Quarter Results

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Hibbett, Inc. (Nasdaq/GS: HIBB), an athletic-inspired fashion retailer, today provided financial results for its third quarter ended October 28, 2023, and business u...

1 year ago - Business Wire

Hibbett Announces Third Quarter Fiscal 2024 Earnings Release and Webcast Details

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Hibbett, Inc. (Nasdaq/GS: HIBB), an athletic-inspired fashion retailer, today announced details for the release of its results for the third quarter ended October 28...

1 year ago - Business Wire

Hibbett & Nike Launch Connected Hibbett Rewards X NIKE Membership

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Hibbett, Inc. (NASDAQ/GS:HIBB) today announced the launch of its Connected Partnership, connecting Hibbett and Nike's loyalty programs.

1 year ago - Business Wire

Hibbett: A Misunderstood Retailer

Hibbett is vastly different from its closest comparables in the market. Their focus on underserved communities insulates the company from e-commerce threats and helps build customer loyalty. Their dig...

1 year ago - Seeking Alpha

Some Retailers Have Gotten Really Cheap. Buyer Beware.

Investors might be surprised to hear how cheap some common retail names have gotten.

Other symbols: ASOCALDKSFASM
1 year ago - Barrons

Hibbett, Inc. (HIBB) Q2 2024 Earnings Call Transcript

Hibbett, Inc. (NASDAQ:HIBB) Q2 2024 Earnings Conference Call August 25, 2023 10:00 AM ET Company Participants Gavin Bell - Vice President, Investor Relations Mike Longo - President and Chief Executiv...

1 year ago - Seeking Alpha