Why Is Athletic-Inspired Fashion Retailer Hibbett Stock Jumping Today? - Hibbett (NASDAQ:HIBB)
Hibbett's 18% surge follows JD Sports' acquisition deal, marking a strategic move in the athletic retail sector.
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Hibbett's 18% surge follows JD Sports' acquisition deal, marking a strategic move in the athletic retail sector.
The retailer said it will pay £70.90 per share for Alabama-based Hibbett.
Operator: Greetings. And welcome to the Hibbett Q3 Earnings Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation.
Access to premium shoe brands like Nike helped make footwear a standout category at Hibbett Sports and Dick's Sporting Goods in the third quarter.
Nike has teamed up with Hibbett to launch the digitally-connected and newly integrated Hibbett Rewards x Nike Membership program.