Hibbett Sports traded at $72.27 this Tuesday April 9th, decreasing $1.15 or 1.57 percent since the previous trading session. Looking back, over the last four weeks, Hibbett Sports lost 2.81 percent. Over the last 12 months, its price rose by 16.15 percent. Looking ahead, we forecast Hibbett Sports to be priced at 70.68 by the end of this quarter and at 66.12 in one year, according to Trading Economics global macro models projections and analysts expectations.
Hibbett, Inc., formerly Hibbett Sports, Inc., operates athletic specialty stores in small and mid-sized markets in the South, Southwest, Mid-Atlantic and the Midwest regions of the United States. The Company operates approximately 1,080 Hibbett and City Gear specialty stores located in 35 states. It offers personalized customer service and access to coveted footwear, apparel and equipment from brands, such as Nike, Jordan and Adidas. Its primary retail format is Hibbett Sports, which is approximately 5,000 square foot store. Hibbett Sports stores offer a merchandising mix of localized apparel, footwear, equipment, and accessories designed for a range of customers within each market. Its 19 Sports Additions stores are enclosed mall-based stores, averaging 2,500 square feet with approximately 90% of merchandise consisting of athletic footwear, caps and apparels. Hibbett Team Sales, Inc., a subsidiary of the Company, is a supplier of customized athletic apparel, equipment and footwear.