Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  Hibbett Sports, Inc.    HIBB

HIBBETT SPORTS, INC. (HIBB)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

Hibbett : Hibbett Sporting Goods Announces Sales for Fourth Quarter and Fiscal 2007

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/08/2007 | 10:00pm CEST

Hibbett Sporting Goods, Inc. (NASDAQ/GS: HIBB), a rapidly growing sporting goods retailer, today announced sales for the fourth quarter and fiscal year ended February 3, 2007. The Company will report earnings results for both periods on March 14, 2007.

Net sales for the 14-week period ended February 3, 2007, increased 25.1% to $151.2 million, compared with net sales of $120.8 million for the 13-week period ended January 28, 2006. Comparable store sales increased 5.9% for the comparable 13-week period.

For the 53-week fiscal year ended February 3, 2007, net sales increased 16.3% to $512.1 million, compared with $440.3 million for the 52-week period ended January 28, 2006. Comparable store sales for the year increased 3.8% for the comparable 52-week period of fiscal 2007.

Comparable store net sales data reflects sales for our Hibbett Sports and Sports Additions stores open through the 13-week and 52-week periods ended January 27, 2007, and the 13-week and 52-week periods ended January 28, 2006.

Commenting on the announcement, Mickey Newsome, Chairman and Chief Executive Officer, stated, ?Our comparable store sales were very strong in the second half of the year with a 6.6% increase. In the fourth quarter, activewear, licensed apparel, footwear and team sports equipment were all positive. Comparable store sales were led by youth apparel and youth footwear.?

For the quarter, the Company opened 25 new stores and closed 2 stores. For the year, the Company opened 74 new stores and closed 10 stores, bringing the total to 613 stores in 23 states.

Hibbett Sporting Goods, Inc. operates sporting goods stores in small to mid-sized markets, predominantly in the Sunbelt, Mid-Atlantic and Midwest. The Company's primary store format is Hibbett Sports, a 5,000-square-foot store located in dominant strip centers and enclosed malls.

A WARNING ABOUT FORWARD LOOKING STATEMENTS: Certain matters discussed in this press release are "forward looking statements" as that term is used in the Private Securities Litigation Reform Act of 1995. Forward looking statements address future events, developments or results and typically use words such as believe, anticipate, expect, intend, plan, forecast, guidance, outlook, or estimate. Such statements are subject to risks and uncertainties that could cause actual results to differ materially, including economic conditions, industry trends, merchandise trends, vendor relationships, customer demand, and competition. For a complete description of these factors, as well as others which could affect our business, you should carefully review the "Risk Factors," "Business," and "MD&A" sections in our Annual Report on Form 10-K filed on April 13, 2006 and our most recent prospectus supplement filed May 2, 2003. In light of these risks and uncertainties, the future events, developments or results described by our forward looking statements in this document could turn out to be materially and adversely different from those we discuss or imply. We are not obligated to release publicly any revisions to any forward looking statements contained in this press release to reflect events or circumstances occurring after the date of this report and you should not expect us to do so.


© Business Wire 2007
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on HIBBETT SPORTS, INC.
04/09HIBBETT SPORTS : Man arrested on petty larceny, drug complaints
AQ
04/03HIBBETT SPORTS : Announces 2018 Sponsorship of MiLB Birmingham Barons
PR
03/30HIBBETT SPORTS : Management's Discussion and Analysis of Financial Condition and..
AQ
03/29HIBBETT SPORTS : Hosts American Heart Association Fundraising Campaign in 1,000 ..
AQ
03/26HIBBETT SPORTS INC : Entry into a Material Definitive Agreement (form 8-K)
AQ
03/26Re-evaluating Investments
AQ
03/20TUESDAY SECTOR LAGGARDS : Auto Dealerships, Specialty Retail Stocks
AQ
03/19HIBBETT SPORTS : Reports Fourth Quarter and Fiscal 2018 Results
AQ
03/16HIBBETT SPORTS : US stocks gain as banks, tech companies and retailers rise
AQ
03/16MARKETS RIGHT NOW : Stocks are off to mixed start
AQ
More news
News from SeekingAlpha
03/29Looking For Action? S&P 1500 Most Volatile Stocks 
03/26Shakeup in sports retail sector 
03/21FINISH LINE : I'm Not Buying It 
03/16IT'S DÉJÀ VU : Hibbett's Selloff Fizzles Out 
03/16Hibbett Sports' (HIBB) CEO Jeff Rosenthal on Q4 2018 Results - Earnings Call .. 
Financials ($)
Sales 2019 962 M
EBIT 2019 45,1 M
Net income 2019 34,9 M
Finance 2019 43,5 M
Yield 2019 -
P/E ratio 2019 13,50
P/E ratio 2020 12,26
EV / Sales 2019 0,45x
EV / Sales 2020 0,46x
Capitalization 480 M
Chart HIBBETT SPORTS, INC.
Duration : Period :
Hibbett Sports, Inc. Technical Analysis Chart | HIBB | US4285671016 | 4-Traders
Technical analysis trends HIBBETT SPORTS, INC.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 12
Average target price 23,7 $
Spread / Average Target -6,0%
EPS Revisions
Managers
NameTitle
Jeffrey O. Rosenthal President, CEO & Non-Independent Director
Michael J. Newsome Chairman
Cathy E. Pryor Senior Vice President-Operations
Scott J. Bowman CFO, Principal Accounting Officer & Senior VP
Ralph T. Parks Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
HIBBETT SPORTS, INC.23.28%480
INDITEX - INDUSTRIA DE DISEÑO TEXTIL-15.68%93 778
KERING9.67%66 870
FAST RETAILING CO LTD4.23%46 812
ROSS STORES-1.87%29 276
TAPESTRY INC19.90%15 107