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Hibbett Sporting Goods (HIBB)
by Zacks Equity ResearchMay 01, 2012 | Comments : 0 Recommended this article: (0)
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Management also remains committed of expanding its store network by 55 to 60 new stores in fiscal 2013. Moreover, Hibbett's sharp focus on mid-sized and smaller markets and strategic mix of branded as well as localized merchandise provide an edge over its rivals.
In addition, the company has a healthy balance sheet with no debt. Currently, we maintain a long-term Outperform recommendation on the stock.
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