Hibbett Sports, Inc. Services | Sporting Goods Stores | USA Hibbett Sports, Inc., together with its subsidiaries, operates athletic specialty stores in small and mid-sized markets primarily in the South, Southwest, Mid-Atlantic, and the Midwest regions of the United States. Its stores offer a range of merchandise, including athletic footwear, team sports equipment, athletic and fashion apparel, and related accessories. The company also sells merchandise directly to educational institutions and youth associations. As of January 28, 2017, it operated 1,059 Hibbett Sports stores and 19 Sports Additions athletic shoe stores. Hibbett Sports, Inc. was founded in 1945 and is based in Birmingham, Alabama.
Hibbett Sports shares plummet after profit warning and ‘woefully late’ e-commerce launch http://www.marketwatch.com/story/hi...ce-launch-2017-07-24?siteid=yhoof2&yptr=yahoo Hibbett Sports Inc. shares dropped 29% in Monday trading after the sporting-goods retailer issued a second-quarter profit warning that included an announcement analysts say was late in coming: the launch of an e-commerce site. Hibbett HIBB, -30.71% is facing “very challenging sales trends,” the company said in a statement, and expects same-store sales for the second quarter to fall 10%. Its bottom-line per-share loss is expected to be in the range of 19 to 22 cents. The FactSet consensus has called for a profit of 15 cents per share. In addition, the company is launching an e-commerce site that will have features like a launch calendar to allow shoppers to add high-profile sneaker releases to their calendars; “True Fit” technology to help customers find their proper size; and information about store availability.
