On July 20, Hibbett Sports released a press release and held a conference call to update it’s expected quarterly results. For their quarter ending July 31st, they forecast comparable stores sales to increase more than 70%. First half comparable store sales are expected to be up 20%. It’s great to have an industry retailer reporting […]
Why is Hibbett Sports Doing so Well This Quarter? Read More »
In its conference call and 10Q filing for its May 4th quarter, Hibbett said some interesting things about what it’s doing. Let’s take a brief look at Hibbett and its numbers then talk about how Hibbett is trying to adjust to the changing retail world after its very late start. Hibbett describes itself as “…a
Hibbett Sports Says Some Interesting Things: Can They Catch Up in Ecommerce? Read More »
“At the end of the second quarter of Fiscal 2018, we successfully launched our e-commerce website,” Hibbett Sports (HS) tells us in their 10-K for the year ended February 2nd. This isn’t news. I wrote about it last October when I discussed their quarterly results. If you’re not already familiar with HS, you might review
Hibbett Sports: Annual Results and Omni-Channel Progress After a Remarkably Late Start. Read More »
From time to time, just for fun, I review public filings of companies I haven’t written about. Hibbett Sports, with 1059 stores in 35 states at the end of their August 4th quarter, is one of those companies. The quote in the title got my attention, to put it mildly. It’s not quite as bad