Hibbett, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Michael E. Longo
- Full Time Employees
- 3,950
- Sector
- Consumer Cyclical
- Industry
- Apparel - Retail
- Address
- 2700 Milan Court Birmingham AL United States of America 35211
- IPO Date
- Oct 11, 1996
- CIK
- 0001017480
- Website
- hibbett.com
- Similar Companies
- Business
- 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.
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URGENT STOCKHOLDER REMINDER: The M&A Class Action Firm Investigates Merger and Imminent Vote on July 19, 2024, of Hibbett, Inc - HIBB
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