Hibbett (HIBB)

Company Profile

Hibbett, headquartered in Birmingham, Alabama, is a leading athletic-inspired fashion retailer with 1,067 stores under the Hibbett Sports and City Gear brands, primarily located in small and mid-sized communities. Founded in 1945, Hibbett has a rich history of convenient locations, personalized customer service and access to coveted footwear and apparel from top brands like Nike, Jordan and adidas.

Company profile

Ticker

HIBB

Exchange

NASDAQ

Website

www.hibbett.com

CEO

Michael Longo

Incorporated

Delaware

Location

Alabama

Fiscal year end

Jan 30

Sector

Retail Trade > Sporting Goods Stores

Industry (SIC)

Retail - Miscellaneous Shopping Goods Stores

ODP Corporation • Academy Sports and Outdoors • Dicks Sporting Goods • JOANN • Barnes & Noble Education • Big 5 Sporting Goods • Sportsman`s Warehouse • Kindcard • Staples • HSN ...

Former names

HIBBETT SPORTING GOODS INC, HIBBETT SPORTS INC

SEC CIK

0001017480

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

IRS number

208159608

HIBB stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$56.00

Low target

$37.00

High target

$85.00

Telsey Advisory Group

CORRECTION: Williams Trading

B of A Securities

Maintains

Buy

$85.00

7 Mar 23

Latest filings (excl ownership)

View all

6 Jun 23

Hibbett Reports First Quarter Results

26 May 23

DEFA14A

Additional proxy soliciting materials

26 Apr 23

ARS

2023 FY

Annual report to shareholders

26 Apr 23

DEFA14A

Additional proxy soliciting materials

26 Apr 23

24 Mar 23

Hibbett Reports Fourth Quarter and Fiscal 2023 Results

6 Dec 22

Quarterly report (amended)

1 Dec 22

Transcripts

View all

HIBB

Earnings call transcript

2023 Q1

26 May 23

HIBB

Earnings call transcript

2023 Q4

3 Mar 23

HIBB

Earnings call transcript

2023 Q3

29 Nov 22

HIBB

Earnings call transcript

2023 Q2

25 Aug 22

HIBB

Earnings call transcript

2023 Q1

27 May 22

HIBB

Earnings call transcript

2022 Q4

4 Mar 22

HIBB

Earnings call transcript

2022 Q3

3 Dec 21

HIBB

Earnings call transcript

2022 Q2

27 Aug 21

HIBB

Earnings call transcript

2022 Q1

28 May 21

HIBB

Earnings call transcript

2021 Q4

5 Mar 21

Latest ownership filings

View all

Benjamin Ashley Knighten

10 Apr 23

Financial summary

Financial statements Chart HIBB financial data

Quarter (USD)	Apr 23	Jan 23	Oct 22	Jul 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Jan 23	Jan 22	Jan 21	Jan 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	26.93 mm	26.93 mm	26.93 mm	26.93 mm	26.93 mm	26.93 mm
Cash burn (monthly)	(no burn)	(no burn)	(no burn)	(no burn)	8.93 mm	(no burn)
Cash used (since last report)	n/a	n/a	n/a	n/a	11.48 mm	n/a
Cash remaining	n/a	n/a	n/a	n/a	15.45 mm	n/a
Runway (months of cash)	n/a	n/a	n/a	n/a	1.7	n/a

Beta Read what these cash burn values mean

Financial data from Hibbett earnings reports.

Institutional ownership, Q1 2023

HIBB institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	185	216	-14.4%
Opened positions	20	56	-64.3%
Closed positions	51	24	+112.5%
Increased positions	71	51	+39.2%
Reduced positions	58	72	-19.4%

13F shares	Current	Prev Q	Change
Total value	633.26 bn	779.47 bn	-18.8%
Total shares	13.12 mm	13.87 mm	-5.4%
Total puts	157.80 k	333.00 k	-52.6%
Total calls	98.50 k	201.30 k	-51.1%
Total put/call ratio	1.6	1.7	-3.2%

Largest owners	Shares	Value	Change
BLK Blackrock	2.06 mm	$121.72 bn	-0.7%
Vanguard	964.29 k	$56.87 bn	+0.2%
Dimensional Fund Advisors	859.60 k	$50.70 bn	-6.2%
Khezrie James	715.00 k	$65.78 mm	0.0%
LSV Asset Management	677.52 k	$39.96 mm	-2.4%
STT State Street	609.60 k	$35.95 bn	+7.0%
MCQEF Macquarie	524.72 k	$30.95 bn	-0.1%
Bronte Capital Management Pty	519.44 k	$30.64 bn	+2.2%
D. E. Shaw & Co	497.82 k	$22.99 mm	0.0%
T. Rowe Price Investment Management	453.24 k	$26.68 bn	-0.1%

Largest transactions	Shares	Bought/sold	Change
Marshall Wace	4.57 k	-316.01 k	-98.6%
Chimera Capital Management	0.00	-149.74 k	EXIT
Arrowstreet Capital, Limited Partnership	255.56 k	+131.02 k	+105.2%
Stormborn Capital Management	0.00	-130.00 k	EXIT
Millennium Management	0.00	-117.79 k	EXIT
Citadel Advisors	114.13 k	+113.69 k	+25838.2%
Walleye Capital	29.88 k	-95.40 k	-76.1%
GS Goldman Sachs	97.22 k	-94.24 k	-49.2%
Squarepoint Ops	0.00	-71.48 k	EXIT
Qube Research & Technologies	105.41 k	+65.60 k	+164.7%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

HIBB insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
2 Jun 23	David Mitchell Benck	Common Stock	Buy	Acquire P	No	No	36.09	2,000	72.18 k	24,048
31 May 23	Longo Michael E	Common Stock	Buy	Acquire P	No	No	36.17	7,500	271.28 k	77,985
13 Apr 23	Robert Volke	Common Stock	Payment of exercise	Dispose F	No	No	61.63	2,457	151.42 k	17,053
13 Apr 23	Robert Volke	Common Stock	Option exercise	Acquire M	No	No	0	8,000	0.00	19,510
13 Apr 23	Robert Volke	RSU Common Stock	Option exercise	Dispose M	No	No	0	8,000	0.00	0
13 Apr 23	Hilt James A	Common Stock	Gift	Dispose G	No	No	0	1,050	0.00	1,330
13 Apr 23	Hilt James A	Common Stock	Sell	Dispose S	No	No	61.18	8,154	498.86 k	2,380
13 Apr 23	Hilt James A	Common Stock	Option exercise	Acquire M	No	No	12.3	8,154	100.29 k	10,534
13 Apr 23	Hilt James A	Stock Options Common Stock	Option exercise	Dispose M	No	No	12.3	8,154	100.29 k	0
12 Apr 23	Hilt James A	Common Stock	Sell	Dispose S	No	No	62.23	5,346	332.68 k	2,380