1 / 33

SAFE HARBOR LANGUAGE

SAFE HARBOR LANGUAGE.

deacon-holmes
Télécharger la présentation

SAFE HARBOR LANGUAGE

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. SAFE HARBOR LANGUAGE • In order for us to take advantage of safe harbor rules, I would like to remind you that any projections or statements made today reflect our current views with respect to future events and our financial performance. There is no assurance that such events will occur or that any projections will be achieved. Our actual results could differ materially from any projections due to various risk factors, which are described from time to time in our periodic reports with the SEC.

  2. Smaller market focus creates competitive advantages WHY INVEST IN HIBBETT? Attractive store model Significant untapped market potential Track record of sales and earnings growth

  3. 634 stores in 23 states as of August 4, 2007 Target markets of 30,000 –100,000 in population SERVING SMALL TO MID-SIZE MARKETS

  4. Customers Community Vendors Landlords HIBBETT SPORTS IS NEEDED

  5. Local Full-Line Independents National Footwear Chains Small market focus Team sports emphasis Broad branded product offering Extensive selection of local andregional merchandise Strong local advertising program Sophisticated systems Customer service STRATEGIC POSITIONING

  6. Broad assortment of quality athletic equipment, footwear and apparel Brand names Emphasis on team sports Local and regional products MERCHANDISING STRATEGY

  7. FOOTWEAR FULL SERVICE

  8. TEAMSPORTS – FULLSERVICE

  9. TRAINING

  10. PRODUCT KNOWLEDGE

  11. Consistent strategy for 30+ years Small market “know how” Geographically concentrated store base Product mix Strong information systems Experienced management team COMPETITIVE STRENGTHS

  12. Attractive store model WHY INVEST IN HIBBETT? Smaller market focus creates competitive advantages Significant untapped market potential Track record of sales and earnings growth

  13. Year1 Year2 $181 $681 $7911.6% 43.6% $7215.9% $12216.9% 67.4% HIBBETT STORE MODEL – 5,000 SQ.FT. PROTOTYPE ($ in thousands) Strip Center Stores Initial Investment (1) Sales% growth Store Contribution (2)Contribution Margin Return on Investment (1) Net of trade payables. Net of landlord allowance. (2) Includes pre-opening expenses and depreciation.

  14. Highest operating margins in sporting goods industry • Geographically concentrated store base - Distribution efficiencies - Regional management efficiencies Tight expense controls - Store-level operating expenses - Real estate costs - Corporate overhead FOCUS ON LOW COST OPERATIONS

  15. Significant untapped market potential WHY INVEST IN HIBBETT? Smaller market focus creates competitive advantages Attractive store model Track record of sales and earnings growth

  16. 634 stores in 23 states as of August 4, 2007 Over 400 potential markets identified for future expansion GROWTH OPPORTUNITIES 2 6 10 11 5 11 4 2 3 12 4 11 16 17 14 30 43 21 15 2 22 46 25 27 59 64 37 25 31 80 76 18 3 48 5 28 27 51

  17. STATEPOPULATIONS-SUNBELT

  18. STATEPOPULATIONS-SNOWBELT

  19. US Census Bureau Population ProjectionSUN BELT % Change

  20. US Census Bureau Population ProjectionSNOW BELT % Change

  21. NUMBER OF WAL-MART STORES PER STATE

  22. Personnel - Strong management team - Comprehensive training program focusing on customer satisfaction - Emphasize selling skills and product knowledge MIS - Timely merchandising information - State-of-the-art POS system - Comprehensive store level information - Sophisticated financial reporting systems - EDI with vendors Distribution center can support over 850 stores INFRASTRUCTURE IN PLACE TO SUPPORT GROWTH

  23. Per RIS News, December 2005 • Stated the Top 45 Leaders in retail-focused software are: • Rank Company System • 5 JDA Software Merchandise System • 12 Lawson Software GL/AP/AR/HR • 15 Datavantage POS • 21 Manhattan Assoc. Warehouse Mgmt.

  24. Track record of sales and earnings growth WHY INVEST IN HIBBETT? Smaller market focus creates competitive advantages Attractive store model Significant untapped market potential

  25. 613 549 428 371 482 329 CAGR=17.30% 282 223 171 2005 2003 2004 2007 2006 2000 1999 2001 2002 Growth % STRONG UNIT GROWTH Stores at fiscal year-end 12.6 13.9 11.7 30.4 26.5 16.7 12.8 15.4 42.5

  26. $440.3 $512.1 $321.0 $279.2 $377.5 $241.1 CAGR=17.25% $209.6 $174.3 $143.4 1999 2000 2001 2002 2003 2004 2005 2006 2007 STRONG FINANCIAL PERFORMANCE Net Sales($ in millions) 3.8 5.6 3.0 3.0 3.9 5.3 5.7 2.0 2.7 (Comparable Store Sales %)

  27. 5.21% 2.71% 1998 2005 2003 2000 2004 2001 2002 1999 Before ‘98 STRONG FINANCIAL PERFORMANCE Comp Sales by Class FYE 2007 @ 3.80% 7.64% 6.98% 4.99% 3.78% 3.59% 1.80% 1.41%

  28. $30.8 $51.7 $39.4 $61.7 $22.6 $19.0 CAGR=23.78% $18.2 $14.5 $11.2 2006 2005 2004 1999 2001 2007 2000 2002 2003 STRONG FINANCIAL PERFORMANCE Operating Income($ in millions) Margin % 7.8 8.3 8.7 7.9 12.1 10.4 8.1 9.6 11.8

  29. $1.17 $0.98 $0.70 $0.55 $0.41 $0.34 CAGR=23.95% $0.32 $0.27 $0.21 1999 2000 2001 2002 2004 2005 2006 2007 2003 STRONG FINANCIAL PERFORMANCE Earnings Per Share (diluted)

  30. August 4, 2007 July 29, 2006 Cash & Short Term Inv. $ 9,872 $ 5,464 Inventory $ 149,753 $ 131,168 Long-Term Debt $ 0 $ 0 CAPITALIZATION SUMMARY ($ in thousands) Total Stock shares repurchased as of February 23, 2007: 5.0 million shares and $118.1 million dollars

More Related