Hibbett Sports
American holding company From Wikipedia, the free encyclopedia
Hibbett, Inc. (formerly Hibbett Sports, Inc.) is an American sporting goods retailer headquartered in Birmingham, Alabama and is a wholly-owned subsidiary of JD Sports.
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| Formerly | Hibbett Sports, Inc. |
|---|---|
| Company type | Subsidiary |
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| Industry | Sporting goods retailer |
| Founded | 1945 |
| Headquarters | Birmingham, Alabama, United States |
Number of locations | 1,169 (2024) |
Key people | Jared S. Briskin (president and CEO) Ben Knighten (vice president operations) Robert J. Volke (CFO) David Benck (vice president General Counsel) |
| Products | Sporting Goods |
| Revenue | US$1.73 billion (2024) |
| US$137 million (2024) | |
| US$103 million (2024) | |
| Total assets | US$909 million (2024) |
| Total equity | US$419 million (2024) |
Number of employees | 12,500 (2024) |
| Parent | JD Sports |
| Subsidiaries | City Gear |
| Website | hibbett |
| Footnotes / references Financials as of February 3, 2024[update].[1] | |
As of February 3, 2024,[update] the company operated 1,169 retail stores, which include 960 Hibbett Sports stores, 193 City Gear stores, and 16 Sports Additions athletic shoe stores in 36 states.[1] Hibbett Sports, Inc. operates sporting goods stores in small to mid-sized markets, in the Southeast, Southwest and lower Midwest regions of the United States. States with the most stores are Georgia (97), Texas (97), and Alabama (90). Its stores offer a range of athletic equipment, footwear and apparel. The company's primary store format is the Hibbett Sports store, an approximately 5,000 square foot store located primarily in strip centers which are frequently influenced by a Wal-Mart store.[2]
History
In January 2015, Hibbett Sports reported net annual sales of US$913M on total assets of US$452M.[2]
In August 2017, the company announced the launch of its new e-commerce site, hibbett.com. The website includes product launch calendars, a store availability finder, and fit-finding technology.[3][4]
UK-based JD Sports agreed to acquire Hibbett for $1.08 billion in April 2024.[5][6][7] The acquisition was completed three months later.[8]
References
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