Hibbett, Inc.
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ROIC.AI
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- Hibbett, Inc. operates as a leading athletic-inspired fashion retailer in the United States, offering a broad assortment of athletic footwear, athletic and fashion apparel, team sports equipment, and related accessories through its network of specialty stores and online channels. The company runs approximately 1,169 locations across 36 states, primarily in small to mid-sized communities, consisting of 960 Hibbett stores averaging 5,800 square feet in strip centers, 193 City Gear stores averaging 5,200 square feet targeting urban fashion markets, and 16 Sports Additions athletic shoe stores averaging 2,900 square feet often in malls; it provides personalized customer service and access to premium brands including Nike, Jordan, adidas, New Balance, Asics, HOKA, Saucony, The North Face, and Costa across categories such as running shoes, basketball sneakers, casual footwear, cleats, apparel, backpacks, and fan gear. Founded in 1945 and headquartered in Birmingham, Alabama, with a distribution center in nearby Alabaster, Hibbett employs around 12,500 people and maintains a full-line wholesale and logistics operation to support its omnichannel strategy. In July 2024, Hibbett was acquired by JD Sports Fashion Plc for $1.1 billion, becoming a subsidiary that enhances JD's North American presence by complementing existing concepts like Shoe Palace and DTLR, bolstering vendor relationships, enabling nationwide JD brand rollout, and projecting cost synergies of at least $25 million over the medium term while remaining earnings accretive from the first full year post-acquisition.
Sports store company to close 175 US locations as part of reorganization, cost-cutting strategy
Hibbett Sports owner plans to close 175 underperforming stores in major North American reorganization
Hibbett Launches on DoorDash, Bringing On-Demand Access to Footwear and Apparel Nationwide
Holiday Shopping Just Got More Flexible: Afterpay Adds New Brands Including Jenni Kayne, Hibbett, and Diesel
Hibbett Joins Uber Eats for On-Demand Streetwear and Sneaker Delivery
Hibbett Renews Partnership with Digital Wave Technology to Scale Product Experience Management
Hibbett Unveils New Digital Experience Tailored Just for Kids With Launch of Hibbett Kids E-Commerce Platform
Hibbett and PUMA Deliver Hope to Children's of Alabama, Social Services With Donation to Support Families in Need
JD Sports completes acquisition of US sports retailer Hibbett
Avantor Set to Join S&P MidCap 400; QuidelOrtho & Schneider National to Join S&P SmallCap 600
Hibbett's (HIBB) Stock Rises on Solid E-commerce Strategies
URGENT STOCKHOLDER REMINDER: The M&A Class Action Firm Investigates Merger and Imminent Vote on July 19, 2024, of Hibbett, Inc - HIBB
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
Hibbett Expands Same-Day and Next-Day Delivery of Athletic-Inspired Apparel and Footwear with Walmart GoLocal and Salesforce
Business Strategies Aid Hibbett (HIBB): Apt to Stay Invested?
Hibbett (HIBB) Q1 Earnings Miss Estimates, Sales Fall Y/Y
Hibbett (HIBB) Q1 Earnings and Revenues Miss Estimates
Hibbett shares fall as Q1 sales miss analysts' estimate
Hibbett Reports First Quarter Fiscal 2025 Results
4 Retailers Stocks With Outlier Earnings Dates Reporting This Week