October 2013 Summary: Hibbett Sports, Inc. is
an operator of sporting goods retail stores in small to mid-sized markets
predominately in the Southeast, Southwest, Mid-Atlantic and Midwest regions
of the United States. The Company offers a range of athletic equipment,
footwear and apparel. Its stores concepts are Hibbett Sports, Sports Additions,
Sports & Co. and Hibbett Team Sales, Inc. As of January 28, 2012, it
operated 832 stores in 26 states, which consisted of 812 Hibbett Sports
stores, as well as 19 smaller-format Sports Additions athletic shoe stores
and one larger-format Sports & Co. superstore. Of 832 stores, 203 were
located in enclosed malls and 629 are located in strip-shopping centers.
During the fiscal year ended January 28, 2012 (fiscal 2012), it opened 49
Hibbett Sports stores and three Sports Addition stores while closing 17
Hibbett Sports stores and one Sports & Co. stores. In fiscal 2012, it
expanded or remodeled 18 stores and converted one Sports & Co. store
to a Hibbett Sports store.
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