Hibbett Says Q1 Comparable Sales Decreased 5.8% YoY; Net Sales Fell 1.8% YoY
$HIBB
Food Distributors
Consumer Discretionary
Hibbett Says Q1 Comparable Sales Decreased 5.8% YoY; Net Sales Fell 1.8% YoY
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/18/2024 | $82.00 → $74.00 | Outperform → Market Perform | Telsey Advisory Group |
| 3/18/2024 | $72.00 → $82.00 | Buy | Monness Crespi & Hardt |
| 3/13/2024 | $73.00 → $82.00 | Outperform | Telsey Advisory Group |
| 11/22/2023 | $60.00 → $73.00 | Outperform | Telsey Advisory Group |
| 11/22/2023 | $60.00 → $72.00 | Buy | Monness Crespi & Hardt |
| 6/29/2023 | $37.00 | Neutral | B. Riley Securities |
| 3/14/2023 | $69.00 | Hold | Jefferies |
| 10/25/2022 | $75.00 | Neutral → Buy | BofA Securities |
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:QDEL) in the S&P MidCap 400, and QuidelOrtho will replace Hibbett Inc. (NASD:HIBB) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, July 26. JD Sports Fashion Plc (XLON: JD) is acquiring Hibbett in a deal expected to close soon pending final closing conditions.Schneider National Inc. (NYSE:SNDR) will replace U.S. Silica Holdings Inc. (NYSE:SLCA) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, July 31. Apollo Global Management Inc. (NYS
The AZEK Company Inc. (NYSE:AZEK) ("AZEK" or the "Company"), the industry-leading manufacturer of beautiful, low-maintenance and environmentally sustainable outdoor living products, including TimberTech® decking and railing, Versatex® and AZEK® Trim, and StruXure™ pergolas, announced today the appointment of Harmit Singh and Pamela Edwards to its board of directors, effective September 14, 2023. Harmit Singh has also been appointed to AZEK's Compensation Committee and Pamela Edwards has been appointed to AZEK's Audit Committee. "We are excited to welcome both Harmit and Pam to AZEK's Board of Directors. Harmit and Pam bring deep leadership experience and proven track records driving stron
Hibbett, Inc. (NASDAQ:HIBB), an athletic-inspired fashion retailer, announced the resignation of Mr. Jamere Jackson, effective Thursday, June 9, 2022, and the appointment of Ms. Pamela Edwards to the Company's Board of Directors, effective Friday, June 10, 2022. Mr. Jackson is resigning for personal reasons and there were no disagreements between Mr. Jackson and the Company in connection with his resignation. The resignation and subsequent appointment maintains the size of the Board at 10. Ms. Edwards will serve on the Audit Committee and will be a Class III Director whose term expires at the 2023 Annual Stockholders Meeting. Ms. Edwards was most recently with Citi Trends as its Executive
SC 13D/A - HIBBETT INC (0001017480) (Subject)
SC 13D - HIBBETT INC (0001017480) (Subject)
SC 13G - HIBBETT INC (0001017480) (Subject)
JD Sports Fashion Plc (XLON: JD) is acquiring Hibbett in a deal expected to close soon pending final closing conditions.
Telsey Advisory Group analyst Cristina Fernandez maintains Hibbett (NASDAQ:HIBB) with a Market Perform and maintains $87.5 price target.
Hibbett, Inc. (NASDAQ:HIBB) reported first-quarter fiscal 2025 earnings per share of $2.67, missing the street view of $2.70. Hibbett registered quarterly revenues of $447.16 million, missing the analyst consensus of $453.91 million. Net sales fell 1.8% year over year. Comparable sales decreased 5.8% year over year. Brick-and-mortar comparable sales declined 5.8%, while e-commerce sales also decreased 5.8% year over year. Gross margin was 35.8% of net sales in the first quarter, compared with 33.7% a year ago. The approximate 210-basis-point increase was driven primarily by higher average product margin, which was approximately 195 basis points favorable to the prior-year period.
Q1 Diluted EPS of $2.67 Versus $2.74 Prior Year Q1 Comparable Sales Decrease 5.8%; Net Sales Down 1.8% Versus Prior Year Hibbett, Inc. ("Hibbett") (NASDAQ:HIBB), an athletic-inspired fashion retailer, today provided financial results for its first quarter ended May 4, 2024, and business updates. Mike Longo, President and Chief Executive Officer, stated, "Our sales and diluted earnings per share for the first quarter of Fiscal 2025 were in line with our expectations in a very challenging athletic footwear and apparel retail market. Despite these challenges, we continue to execute our long-term strategy, establishing Hibbett and City Gear stores as preferred shopping destinations for
Hibbett, Inc. (NASDAQ:HIBB), an athletic-inspired fashion retailer, today announced the Company plans to issue its first quarter 2025 earnings release before the market opens on Wednesday, June 5, 2024. The Company will not be hosting a conference call or webcast. About Hibbett, Inc. Hibbett, headquartered in Birmingham, Alabama, is a leading athletic-inspired fashion retailer with 1,169 Hibbett, City Gear and Sports Additions specialty stores located in 36 states nationwide as of February 3, 2024. Hibbett has a rich history of convenient locations, personalized customer service and access to coveted footwear, apparel and equipment from top brands like Nike, Jordan and adidas. Consumers
JD Sports to acquire all outstanding shares for $87.50 per share in cash, in a $1.1 billion transaction Per share price represents a 21% premium to the April 22, 2024, closing price and a 29% premium to the 120-trading day volume weighted average price Combination of best-in-class customer-centric companies offers brand partners an expanded global platform for distribution of the latest athletic fashion products Mike Longo to continue as Hibbett President and CEO, and Jared Briskin to take on role of Hibbett COO; Hibbett will maintain HQ in Birmingham Hibbett, Inc. ("Hibbett") (NASDAQ:HIBB), an athletic-inspired fashion retailer, today announced a definitive agreement in which JD Sp
Telsey Advisory Group downgraded Hibbett from Outperform to Market Perform and set a new price target of $74.00 from $82.00 previously
Monness Crespi & Hardt reiterated coverage of Hibbett with a rating of Buy and set a new price target of $82.00 from $72.00 previously
Telsey Advisory Group reiterated coverage of Hibbett with a rating of Outperform and set a new price target of $82.00 from $73.00 previously
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"), effective July 25, 2024. Hibbett is now part of JD and will cease to be a stand-alone publicly traded company. Mike Longo will continue as President and Chief Executive Officer of Hibbett and Jared Briskin will assume the role of Chief Operating Officer. The Company will maintain its corporate headquarters in Birmingham, Alabama. Commenting on the completion of the transaction, Mr. Longo stated, "We are excited to complete this transaction and join JD. Hibbett and City Gear will continue to have significant growth opportunit
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:QDEL) in the S&P MidCap 400, and QuidelOrtho will replace Hibbett Inc. (NASD:HIBB) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, July 26. JD Sports Fashion Plc (XLON: JD) is acquiring Hibbett in a deal expected to close soon pending final closing conditions.Schneider National Inc. (NYSE:SNDR) will replace U.S. Silica Holdings Inc. (NYSE:SLCA) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, July 31. Apollo Global Management Inc. (NYS
Q1 Diluted EPS of $2.67 Versus $2.74 Prior Year Q1 Comparable Sales Decrease 5.8%; Net Sales Down 1.8% Versus Prior Year Hibbett, Inc. ("Hibbett") (NASDAQ:HIBB), an athletic-inspired fashion retailer, today provided financial results for its first quarter ended May 4, 2024, and business updates. Mike Longo, President and Chief Executive Officer, stated, "Our sales and diluted earnings per share for the first quarter of Fiscal 2025 were in line with our expectations in a very challenging athletic footwear and apparel retail market. Despite these challenges, we continue to execute our long-term strategy, establishing Hibbett and City Gear stores as preferred shopping destinations for
15-12G - HIBBETT INC (0001017480) (Filer)
EFFECT - HIBBETT INC (0001017480) (Filer)
EFFECT - HIBBETT INC (0001017480) (Filer)
4 - HIBBETT INC (0001017480) (Issuer)
4 - HIBBETT INC (0001017480) (Issuer)
4 - HIBBETT INC (0001017480) (Issuer)