Profile: Hibbett Sports Inc (HIBB.O)
18 Jul 2019
Hibbett Sports, Inc., incorporated on January 4, 2007, operates athletic specialty stores in small and mid-sized markets in the South, Southwest, Mid-Atlantic and the Midwest regions of the United States. As of January 28, 2017, the Company had operated 1,078 stores consisting of 1,059 Hibbett Sports stores and 19 smaller-format Sports Additions athletic shoe stores in 35 states. The Company offers convenient locations and an assortment of brand name footwear, apparel, accessories and athletic equipment. The Company operates under various brands, such as Nike, Under Armour, Reebok, adidas, Easton and The North Face.
The Company's primary retail format is Hibbett Sports, which is an approximately 5,000 square foot store. As of January 28, 2017, of these stores, 871 Hibbett Sports stores were located in strip centers, which include free-standing stores, with the remaining 188 stores located in enclosed malls, the majority of which are the only enclosed malls in their county. Hibbett Sports stores offer a merchandising mix of localized apparel, footwear, equipment and accessories designed to appeal to a range of customers within each market.
As of January 28, 2017, the Company's 19 Sports Additions stores were primarily enclosed mall-based stores, averaging 2,500 square feet with approximately 90% of merchandise consisting of athletic footwear and the remainder consisting of caps and a limited assortment of apparel. Sports Additions stores offer a fashion-based merchandise assortment. All but six Sports Additions stores are located in enclosed malls or strip centers where a Hibbett Sports store is also present.
Hibbett Team Sales, Inc.
Hibbett Team Sales, Inc. (Team), a subsidiary of the Company, is a supplier of customized athletic apparel, equipment and footwear primarily to school athletic programs in Alabama and parts of Georgia, Florida and Mississippi. Team sells its merchandise directly to educational institutions and youth associations.
Hibbett Sports Inc
2700 Milan Ct
BIRMINGHAM AL 35211-6919