HIBB Stock Recent News

Hibbett Inc. HIBB, -0.12% reported better-than-expected profit before market open Wednesday, although sales came in below analysts' estimate. The sporting goods retailer posted net income of $32.5 million, or $2.67 a share, for the quarter, compared with $35.9 million, or $2.74 a share, in the same period last year.

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Hibbett, Inc. (“Hibbett”) (Nasdaq/GS: HIBB), an athletic-inspired fashion retailer, today provided financial results for its first quarter ended May 4, 2024, and business updates. Mike Longo, President and Chief Executive Officer, stated, “Our sales and diluted earnings per share for the first quarter of Fiscal 2025 were in line with our expectations in a very challenging athletic footwear and apparel retail market. Despite these challenges, we continue to exe.

Hibbett's (HIBB) Q1 results are expected to reflect continued headwinds from muted discretionary spending due to inflation, which has been affecting consumer sentiments.

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Hibbett, Inc. (Nasdaq/GS: HIBB), an athletic-inspired fashion retailer, today announced the Company plans to issue its first quarter 2025 earnings release before the market opens on Wednesday, June 5, 2024. The Company will not be hosting a conference call or webcast. About Hibbett, Inc. Hibbett, headquartered in Birmingham, Alabama, is a leading athletic-inspired fashion retailer with 1,169 Hibbett, City Gear and Sports Additions specialty stores located in 3.

JD Sports is buying Hibbett for $87.50, which is about where the stock trades now. Shareholders may have little incentive to hold now and will need to diligently find an alternative investment.

JD Sports Fashion has proposed to buy American athletic fashion retailer Hibbett Inc for about $1.08 billion, the companies said on Tuesday, as Britain's biggest sportswear retailer looks to expand across the southeastern U.S.

Hibbett Sports (NASDAQ:HIBB) shareholders will be waking up to a nice surprise on Tuesday after it surged 19% on a takeover offer from JD Sports, the UK retailer. JD is offering US$1.11 billion to purchase the US sports retailer and said it entered into a binding agreement to purchase all Hibbet's shares.

JD Sports is buying Hibbett in a deal that values the American retailer at $1.1 billion, doubling down on its push into the U.S. at a challenging time for the sports-retail market.

The U.K.'s biggest sportswear retailer JD Sports Fashion is to buy Alabama-based athletic fashion retailer Hibbett Inc. for about $1.08 billion, the companies said Tuesday.

British sportswear retailer JD Sports Fashion has proposed to buy U.S. athletic-fashion retailer Hibbett Inc for about $1.08 billion, the companies said on Tuesday.