On March 14, Hibbett Sports
- Sales improved by 25.1% to $151.2 million, and comparable-store sales increased 5.9%.
- Hibbett closed two stores and opened 25 new ones in the quarter, bringing the total number of stores up to 613. For fiscal 2008, the company plans to add another 85 to 90 stores.
- The company expects earnings per share in the range of $0.32 to $0.35 for the first quarter of fiscal 2008.
- Hibbett is a four-star stock (out of a possible five) in our Motley Fool CAPS intelligence database, currently two stars higher than competitors Big 5 Sporting Goods
(NASDAQ:BGFV) and Dick's Sporting Goods(NYSE:DKS) . Tell us which sporting-goods stores you recommend. Bring it to CAPS!
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q4 2007 |
Q4 2006 |
Change |
|
|---|---|---|---|
|
Sales |
$151.2 |
$120.8 |
25.1% |
|
Net Profit |
$12.6 |
$9.9 |
27.4% |
|
EPS |
$0.39 |
$0.29 |
34.5% |
|
Diluted Shares |
32.3 |
33.6 |
(3.9%) |
Get back to basics with the income statement.
Margin Checkup
|
Q4 2007 |
Q4 2006 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
35.2% |
33.7% |
1.6 |
|
Operating Margin |
14.3% |
12.6% |
1.6 |
|
Net Margin |
8.3% |
8.2% |
0.2 |
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q4 2007 |
Q4 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$30.4 |
$39.2 |
(22.5%) |
|
Accounts Rec. |
$4.7 |
$4.7 |
(2%) |
|
Inventory |
$125.2 |
$108.9 |
15% |
|
Liabilities |
Q4 2007 |
Q4 2006 |
Change |
|---|---|---|---|
|
Accounts Payable |
$42.0 |
$45.9 |
(8.5%) |
The balance sheet reflects the company's health.
Cash Flow Highlights
Hibbett's fans will have to wait for the 10-K to learn about the season-ending cash flows.
Free cash flow is a Fool's best friend.
Related Foolishness:
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