HIBB Hibbett Sports

Hibbett Sports, Inc. is an American publicly traded holding company for Hibbett Sporting Goods, a full line sporting goods retailer headquartered in Birmingham, Alabama. As of September, 2015, the company operated 1,025 retail stores in 32 states. Hibbett Sports, Inc. operates sporting goods stores in small to mid-sized markets, in the Southeast, Southwest and lower Midwest regions of the United States. States with the most stores are Georgia , Texas , and Alabama . Its stores offer a range of athletic equipment, footwear and apparel. The company's primary store format is the Hibbett Sports store, an approximately 5,000 square foot store located primarily in strip centers which are frequently influenced by a Wal-Mart store. In January 2015, Hibbett Sports reported net annual sales of US$ 913M on total assets of US$ 452M.
Company profile
Ticker
HIBB
Exchange
Website
CEO
Michael Longo
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
HIBBETT SPORTING GOODS INC
SEC CIK
Corporate docs
IRS number
208159608
HIBB stock data
()
Press releases
Newest City Gear Store Now Open For Business In Aiken
5 Mar 21
Hibbett Sports, Inc. to Host Earnings Call
5 Mar 21
Hibbett Reports Fourth Quarter and Fiscal 2021 Results
5 Mar 21
Hibbett Sports Celebrates Nike Air Max Month With Kicks For A Year Giveaway
1 Mar 21
Hibbett Sports Announces Fourth Quarter and Year-End 2021 Earnings and Conference Call Dates
19 Feb 21
Calendar
7 Apr 21
17 Apr 21
30 Jan 22
Financial summary
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Financial data from company earnings reports.
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
13 Apr 21 | Robert Volke | Common Stock | Payment of exercise | Dispose F | No | No | 72.45 | 2,779 | 201.34K | 5,221 |
13 Apr 21 | Robert Volke | Common Stock | Option exercise | Aquire M | No | No | 0 | 8,000 | 0 | 8,000 |
13 Apr 21 | Robert Volke | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 8,000 | 0 | 0 |
8 Apr 21 | David Mitchell Benck | Common Stock | Payment of exercise | Dispose F | No | No | 71.25 | 1,005 | 71.61K | 5,149 |
8 Apr 21 | David Mitchell Benck | Common Stock | Option exercise | Aquire M | No | No | 0 | 3,333 | 0 | 6,154 |
8 Apr 21 | David Mitchell Benck | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 3,333 | 0 | 0 |
8 Apr 21 | Blahnik Ronald P | Common Stock | Payment of exercise | Dispose F | No | No | 71.25 | 1,280 | 91.2K | 21,822 |
8 Apr 21 | Blahnik Ronald P | Common Stock | Option exercise | Aquire M | No | No | 0 | 4,166 | 0 | 23,102 |
8 Apr 21 | Blahnik Ronald P | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 4,166 | 0 | 0 |
8 Apr 21 | Briskin Jared S | Common Stock | Payment of exercise | Dispose F | No | No | 71.25 | 3,621 | 258K | 18,915 |
Institutional ownership Q4 2020
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
13F holders |
Current |
---|---|
Total holders | 194 |
Opened positions | 40 |
Closed positions | 23 |
Increased positions | 54 |
Reduced positions | 77 |
13F shares |
Current |
---|---|
Total value | 906.15M |
Total shares | 19.62M |
Total puts | 219.1K |
Total calls | 425.6K |
Total put/call ratio | 0.5 |
Largest owners |
Shares | Value |
---|---|---|
BLK Blackrock | 2.65M | $122.39M |
FMR | 1.81M | $83.7M |
Dimensional Fund Advisors | 1.27M | $58.73M |
Vanguard | 1.17M | $54.25M |
TROW T. Rowe Price | 880K | $40.64M |
STT State Street | 663.39K | $30.64M |
Renaissance Technologies | 529.19K | $24.44M |
Intrinsic Edge Capital Management | 513.15K | $23.7M |
D. E. Shaw & Co | 497.82K | $22.99M |
D. E. Shaw & Co. | 495.02K | $22.86M |
Financial report summary
?Risks
- Risks Related to Our Business and Industry
- Our inability or failure to recognize, respond to and effectively manage the accelerated impact of social media could adversely impact our business.
- Pressure from our competitors may force us to reduce our prices or increase our spending on marketing and promotion, which could lower our net sales, gross profit and operating income.
- Our inability to identify and anticipate changes in consumer demands and preferences and our inability to respond to such consumer demands in a timely manner could reduce our net sales or profitability.
- Security threats, including physical and cyber-security threats, and unauthorized disclosure of sensitive or confidential information could cause us to incur substantial expenses, result in litigation or other legal actions, adversely affect our operating results, and harm our business and reputation with our consumers.
- We rely heavily on information systems to conduct our business. Problems with our information systems could disrupt our operations and negatively impact our financial results and materially adversely affect our business operations.
- Our failure to effectively manage our real estate portfolio may negatively impact our operating results.
- Our ability to attract customers to our stores that are located in malls or other shopping centers depends heavily on the success of these malls and shopping centers, and continued decreases in customer traffic in these malls or shopping centers, whether due to the growing preference for online shopping or otherwise, could cause our net sales and our profitability to be less than expected.
- We would be materially and adversely affected if all or a portion of our primary wholesale and logistics facility was disrupted.
- A disruption in the flow of imported merchandise or an increase in the cost of those goods could significantly decrease our net sales and operating income.
- Increases in transportation or shipping costs and other factors may negatively impact our results of operations.
- We may face difficulties in meeting our labor needs to effectively operate our business.
- Our operating results are subject to seasonal and quarterly fluctuations. Furthermore, our quarterly operating results, including comparable store net sales, will fluctuate and may not be a meaningful indicator of future performance.
- We are subject to regional risks due to our stores within the South, Southwest, Mid-Atlantic and Midwest regions of the United States.
Management Discussion
- Net sales. Net sales increased $235.4 million, or 19.9% to $1.42 billion for Fiscal 2021 from $1.18 billion for Fiscal 2020. Furthermore:
- •Comparable store net sales for Fiscal 2021 increased 22.2% compared to Fiscal 2020 primarily driven by strength in men's, women's and kids' footwear coupled with increased volume in sneaker-connected apparel and accessories. These strengths were partially offset by softer sales in team sports. For Fiscal 2021, 1,015 stores were included in the comparable store sales comparison.
- •Stores not in the comparable store net sales calculation accounted for $244.9 million of net sales.
Content analysis
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H.S. freshman Good
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Financial reports
10-K
2021 FY
Annual report
7 Apr 21
10-Q
2021 Q3
Quarterly report
7 Dec 20
10-Q
2021 Q2
Quarterly report
4 Sep 20
10-Q
2021 Q1
Quarterly report
8 Jun 20
10-K/A
2020 FY
Annual report (amended)
16 Apr 20
10-K
2020 FY
Annual report
16 Apr 20
10-Q
2020 Q3
Quarterly report
11 Dec 19
10-Q
2020 Q2
Quarterly report
11 Sep 19
10-Q
2020 Q1
Quarterly report
8 Jul 19
NT 10-Q
Notice of late quarterly filing
14 Jun 19
Current reports
8-K
Hibbett Reports Fourth Quarter and Fiscal 2021 Results
5 Mar 21
8-K
Hibbett Provides Preliminary Results for the Fourth Quarter and Full Year of Fiscal 2021
10 Feb 21
8-K
Hibbett Reports Third Quarter Results
20 Nov 20
8-K
Hibbett Reports Second Quarter Results
28 Aug 20
8-K
Hibbett Provides Second Quarter Sales Update
20 Jul 20
8-K
Changes in Registrant's Certifying Accountant
7 Jul 20
8-K
Departure of Directors or Certain Officers
1 Jun 20
8-K
Hibbett Reports First Quarter Results
26 May 20
8-K
Hibbett Announces Nomination of Jamere Jackson
27 Apr 20
8-K
Hibbett Announces Appointment of New Chief Financial Officer
30 Mar 20
Registration and prospectus
S-8
Registration of securities for employees
29 May 20
S-8
Registration of securities for employees
11 Jun 15
S-8
Registration of securities for employees
28 Jun 12
S-8 POS
Registration of securities for employees (post-effective amendment)
25 Sep 07
S-8 POS
Registration of securities for employees (post-effective amendment)
25 Sep 07
S-8 POS
Registration of securities for employees (post-effective amendment)
25 Sep 07
S-8 POS
Registration of securities for employees (post-effective amendment)
25 Sep 07
S-8 POS
Registration of securities for employees (post-effective amendment)
25 Sep 07
S-8 POS
Registration of securities for employees (post-effective amendment)
25 Sep 07
S-8 POS
Registration of securities for employees (post-effective amendment)
25 Sep 07
Proxies
DEFA14A
Additional proxy soliciting materials
16 Apr 21
DEF 14A
Definitive proxy
16 Apr 21
DEFA14A
Additional proxy soliciting materials
27 Apr 20
DEFA14A
Additional proxy soliciting materials
27 Apr 20
DEF 14A
Definitive proxy
27 Apr 20
DEF 14A
Definitive proxy
23 Apr 19
DEF 14A
Definitive proxy
30 Apr 18
DEF 14A
Definitive proxy
18 Apr 17
DEF 14A
Definitive proxy
20 Apr 16
DEF 14A
Definitive proxy
22 Apr 15
Other
UPLOAD
Letter from SEC
10 Mar 14
CORRESP
Correspondence with SEC
20 Feb 14
CORRESP
Correspondence with SEC
2 Feb 14
UPLOAD
Letter from SEC
26 Jan 14
UPLOAD
Letter from SEC
4 Mar 12
CORRESP
Correspondence with SEC
16 Feb 12
CORRESP
Correspondence with SEC
2 Feb 12
UPLOAD
Letter from SEC
26 Jan 12
UPLOAD
Letter from SEC
22 Jul 08
CORRESP
Correspondence with SEC
20 Jul 08
Ownership
4
HIBBETT SPORTS / Robert Volke ownership change
13 Apr 21
4
HIBBETT SPORTS / MICHAEL E LONGO ownership change
13 Apr 21
4
HIBBETT SPORTS / WILLIAM G QUINN ownership change
13 Apr 21
4
HIBBETT SPORTS / Benjamin Ashley Knighten ownership change
13 Apr 21
4
HIBBETT SPORTS / JARED S BRISKIN ownership change
13 Apr 21
4
HIBBETT SPORTS / RONALD P BLAHNIK ownership change
13 Apr 21
4
HIBBETT SPORTS / David Mitchell Benck ownership change
13 Apr 21
4
HIBBETT SPORTS / Jane F Aggers ownership change
1 Apr 21
4
HIBBETT SPORTS / JARED S BRISKIN ownership change
30 Mar 21
4
HIBBETT SPORTS / JARED S BRISKIN ownership change
23 Mar 21
Transcripts
2021 Q4
Earnings call transcript
5 Mar 21
2021 Q3
Earnings call transcript
20 Nov 20
2021 Q2
Earnings call transcript
28 Aug 20
2021 Q1
Earnings call transcript
26 May 20
2020 Q4
Earnings call transcript
20 Mar 20
2020 Q3
Earnings call transcript
22 Nov 19
2020 Q2
Earnings call transcript
23 Aug 19
2020 Q1
Earnings call transcript
24 May 19
2019 Q4
Earnings call transcript
22 Mar 19
2019 Q3
Earnings call transcript
27 Nov 18
Reddit threads
Daily Discussion Thread - March 5th, 2021
5 Mar 21
Daily Discussion Thread - March 4th, 2021
4 Mar 21
Daily Discussion Thread - March 3rd, 2021
3 Mar 21
Daily Discussion Thread - March 2nd, 2021
2 Mar 21
Earnings for the week of 3/01/2021 with Options Implied Moves
27 Feb 21
What is a buy that worked out very well and one that didn't?
13 Dec 20
Daily Discussion Thread - November 20th, 2020
20 Nov 20
Daily Discussion Thread - November 19th, 2020
19 Nov 20
Daily Discussion Thread - November 18th, 2020
18 Nov 20
Daily Discussion Thread - November 17th, 2020
17 Nov 20