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Hibbett Inc   (HIBB)
Other Ticker:  
 
    Sector  Retail    Industry Specialty Retail
   Industry Specialty Retail
   Sector  Retail
 



 

What are Hibbett Inc's Business Segments?



Hibbett Inc is a leading retail chain in the US offering a broad range of segments products and services. Its products and services are popular among the sports enthusiasts offering them durable, fashionable, and trendy products to satisfy their sporting needs. The company operates over 1,000 stores across the US, generating annual revenue north of $1.3 billion.

Segments:

Athletic Clothing and Accessories:
Hibbett Inc specializes in athletic clothing and accessories, providing apparel for men, women, and children. The company manufactures and sells high-performance workout clothes, sports bras, running shorts, t-shirts, and tanks, leggings, and athletic capris. The company also sells athletic accessories such as hats, socks, athletic bags, and sunglasses.

Sneakers and Athletic Footwear:
Customers across the US visit Hibbett Inc stores to buy sports shoes and sneakers suitable for various athletic activities. The store specializes in men and women's basketball shoes, football cleats, running shoes, cross-fit shoes, and sneakers, to mention but a few.

Outdoor Sporting Goods:
Hibbett Inc's outdoor segment offers a wide range of sporting equipment for outdoor enthusiasts. Customers can find an array of products, including headlamps, inflatable boats, camping tents, backpacks, coolers, and fishing rods, among others. The company also sells sports equipment suited for outdoor activities such as volleyball, swimming, and biking.

Products:

As the leading sports retailer in the US, Hibbett Inc constantly updates its products to meet customer needs. Some of the products offered by the company include:

High-Performance Athletic Wear:
Hibbett Inc's athletic wear is designed to enhance customer's performance and comfort. The company owners and manufactures compression wear, athletic shorts, leggings, sports bras, athletic shirts, and jackets, among others.

Sneakers and Athletic Footwear:
The company deals in high-quality, durable sneakers and athletic footwear suitable for various sporting activities. Customers can find shoes for almost any sport, including basketball, running, football, tennis, and cross-fit.

Outdoor Sporting Equipment:
Hibbett Inc's outdoor segment provides customers with all the equipment needed for outdoor sporting activities. This includes camping equipment, hiking boots, inflatable boats, fishing rods, coolers, and backpacks.

Services:

Hibbett Inc goes above and beyond customer expectations by offering additional services to its clients. Some of the services provided by the company include:

Pay Online and Pick up in Store:
Hibbett Inc's customers can choose the 'buy online and pick up in store' option, whereby they can pay for their products online and collect them from their preferred store.

Expert Customer Service:
The company's staff are highly trained to offer expert advice on sports equipment, athletic wear and footwear, and more. They can provide recommendations based on customer requirements and make sound suggestions to help customers make informed purchases.

Rewards Program:
Customers can enroll in the company's rewards program where they earn points for every purchase made at Hibbett Inc stores. They can redeem their points for discounts and other rewards on future purchases.

In conclusion, Hibbett Inc is one of the largest and most successful sports retailers in the US. The company offers a diverse range of products, including athletic wear, sneakers, outdoor equipment and accessories, catering to customers' sporting needs. With excellent customer service and additional services such as the rewards program and the buy online and pick up in-store option, Hibbett Inc's customers are sure to have a delightful shopping experience.
   

Hibbett Inc Tax Rate Companies within the Specialty Retail Industry


Business Segments Q3
Revenues
(in millions $)
Q3
Income
(in millions $)
(Oct 28 2023)
%
(Profit Margin)
Total 431.34 25.50 5.91 %

Growth rates by Segment Q3
Y/Y Revenue
%
(Oct 28 2023)
Q/Q Revenue
%
Q3
Y/Y Income
%
(Oct 28 2023)
Q/Q Income
%
Total -0.42 % 15.36 % -0.3 % 133.87 %

To get more information on Hibbett Inc's Total segment. Select each division with the arrow.


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