|Bid||19.54 x 1400|
|Ask||19.55 x 1000|
|Day's Range||19.18 - 20.15|
|52 Week Range||13.08 - 29.60|
|Beta (3Y Monthly)||0.64|
|PE Ratio (TTM)||10.64|
|Earnings Date||Aug 22, 2019 - Aug 26, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||23.88|
Office Depot's (ODP) lower-than-expected operating performance at the CompuCom division hurts the top line. However, management is undertaking several initiatives to get back on track.
BIRMINGHAM, Ala., June 18, 2019 /PRNewswire/ -- Hibbett Sporting Goods Inc. (HIBB), a U.S. based athleisure and footwear retailer with more than 1,000 stores nationwide, today announced that more than 50 select Hibbett Sports stores will carry the new exclusive Nike N7 Until We All Win 2019 collection. The new Nike N7 footwear and apparel collection will also be available online at www.Hibbett.com beginning on June 21, 2019. To find Nike N7 products and check availability in your area, stop by or shop your local Store online at www.Hibbett.com. "We are truly honored to have Hibbett as a valued partner to help share and achieve the mission and vision of Nike N7 & the N7 Fund, which is to inspire and enable Native youth to make sport a daily habit," said Sam McCracken, General Manager, Nike N7.
Shares of Hibbett Sports Inc. tumbled 9.3% in afternoon trading Monday, after the athletic gear retailer said it would be unable to file its 10-Q quarterly report with the Securities and Exchange Commission on time, as it needs to further review its accounting. The company in a filing late Friday said the need for further review follows the recent adoption of the Financial Accounting Standards Board's new accounting standards regarding leases. The quarterly report in question is for Hibbett's fiscal first-quarter ended May 4, in which the company reported an adjusted profit, revenue and same-store sales that beat expectations, and raised its earnings and same-store sales guidance. The company does not expect any material changes in results. The stock has still climbed 8.1% over the past three months, while the SPDR S&P Retail ETF has lost 4.8% and the Dow Jones Industrial Average has gained 1.1%.
Hibbett, Texas Roadhouse, Salesforce, Tableau and Google highlighted as Zacks Bull and Bear of the Day
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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Powell's statement is in sharp contrast to his aggressive monetary stance in 2018 and a steady monetary policy for 2019, which he reaffirmed last month.
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Small-cap stocks have high domestic exposure in terms of revenue generation, which shields them from international disputes. Thus, investing in sound small-caps seems sensible at the moment.
The athletic apparel industry may be in for another challenging back-to-school season . Bank of America analyst Robert Ohmes said in a Tuesday note he remains cautious on Foot Locker, Inc. (NYSE: FL ), ...
Hibbett Sports Inc. (Nasdaq: HIBB) has named a new independent chair of its board of directors. Anthony Crudele will serve as independent chairman of the board, succeeding Mickey Newsome, who retired from the board in May. Crudele has been a member of Hibbett's board since May 2012 and has served as Hibbett’s lead director and chairman of the nominating and corporate governance committee since February 2017. “I am honored to be named chairman and want to thank my fellow board members for this opportunity,” Crudele said. “I am also very grateful for Mr. Newsome’s dedication and commitment to this company and our board, having joined Hibbett as an outside salesman in 1965, (and) serving as a member of our board since 1996, when the company went public, and as chairman of the board since 2004.” Crudele himself has extensive retail experience, including serving as CFO at Tractor Supply Co. He also served as senior vice president and CFO at The Sports Authority and Gibson Guitar.