| (USD) | Feb 2024 | Q/Q |
|---|---|---|
| Revenue | 466.6MM | +8% |
| Gross Profit | 160.8MM | +10% |
| Cost Of Revenue | 305.8MM | +7% |
| Operating Income | 40.6MM | +18% |
| Operating Expenses | 120.2MM | - |
| Net Income | 30.9MM | +21% |
| G&A | 107.4MM | +8% |
| Amortization | 12.8MM | +3% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
These stocks are all rallying early Tuesday, amid a flurry of earnings reports and a little M&A news. ↗️ **Tesla (TSLA**): All eyes are on the EV maker's earnings, due after the market close. Tesla stock rose over 2% in early trading, after a rocky stretch that has seen it fall over 40% in 2024.
Shares of athletic apparel and footwear retailer Hibbett (NASDAQ:HIBB) jumped 19.2% in the pre-market session after JD Sports agreed to acquire all outstanding shares of the company (Hibbett) for $87.50 per share in cash, representing an enterprise value of approximately $1.1 billion. The acquisition price represents a 21% premium to Hibbett's April 22, 2024, closing price and a 29% premium to the 120-trading day volume weighted average price.
Hibbett is being acquired at a reasonable price.
JD Sports is buying Hibbett in a deal that values the American retailer at $1.1 billion, doubling down on its push into the U.S. at a challenging time for the sports-retail market.
BIRMINGHAM, Ala., April 23, 2024--Hibbett, Inc. ("Hibbett") (Nasdaq:HIBB), an athletic-inspired fashion retailer, today announced a definitive agreement in which JD Sports Fashion plc ("JD Sports") (LSE:JD) will acquire all outstanding shares of Hibbett for $87.50 per share in cash, representing an aggregate enterprise value of approximately $1.1 billion.
Caitlin Clark is a highly celebrated former NCAA basketball star who was selected as the first pick in the 2024 WNBA draft by the Indiana Fever. She is famous for her record-breaking college basketball career, where she established herself as one of the greatest players in NCAA history, holding the all-time scoring and assist records for both men and women. This Caitlin Clark Mania could be having a bleed-over effect to women’s sports stocks. Apparel and equipment companies that cater to the wom
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...
Hibbett ( NASDAQ:HIBB ) Full Year 2024 Results Key Financial Results Revenue: US$1.73b (up 1.2% from FY 2023). Net...
Shares of athletic apparel and footwear retailer Hibbett (NASDAQ:HIBB) fell 14.7% in the morning session after the company reported fourth-quarter results with same-store sales, revenue, and EPS, all missing Wall Street's estimates. To add insult to injury, the full-year EPS guidance was well below expectations. In addition, the growth outlook was underwhelming, with net sales projects for FY'25 expected to be flat to up ~2.0%, while comp sales growth is expected to be flat to negative low-singl
Macy's (M) has announced the nomination of a new director to its board. This comes as Arkhouse Management seeks to establish a confidentiality agreement with the retailer. Hibbett (HIBB) shares are falling after the company missed fourth quarter sales estimates. The sporting goods retailer cited wage increases and an intense promotional environment as key pressures that weighed on margins during the quarter. Groupon (GRPN) shares are under pressure after the company reported fourth quarter reven...