Hibbett (FRA:HB6) Average Sales per Sqft : 0.00 (As of . 20)

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What is Hibbett Average Sales per Sqft?

Average Sales per Sqft is a retail store’s average revenue for every foot of the store. A higher average sales per square foot indicates more efficient operations and thus, high profitability.

The historical rank and industry rank for Hibbett's Average Sales per Sqft or its related term are showing as below:

FRA:HB6's Average Sales per Sqft is not ranked ^*
in the Retail - Cyclical industry.
Industry Median:
* Ranked among companies with meaningful Average Sales per Sqft only.

Hibbett Average Sales per Sqft Historical Data

The historical data trend for Hibbett's Average Sales per Sqft can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Hibbett Average Sales per Sqft Chart

Hibbett (FRA:HB6) Average Sales per Sqft Explanation

Average Sales per Sqft is a retail store’s average revenue for every foot of store space, including non-selling areas such as stock rooms or receiving areas. It tells us how efficient the retailer is with the use of sales space, allowing the retailer to make smarter merchandising, inventory, and sales decisions. A higher sales per square foot indicates more efficient operations and thus high profitability.

The formula of calculating Sales per Sqft is total in-store sales divided by selling area in square feet. When calculating a store’s Sales per Square Foot, the non-selling areas of the store, such as stock rooms or receiving areas, need to be excluded.

The difference between Average Sales per Sqft and Sales per Sqft that in the calculation of Average Sales per Square Foot, the non-selling areas of the store, such as stock rooms or receiving areas, need to be included.

Retailers can increase the average sales per square foot by improving the store layout, having a winning product assortment, optimizing prices and increasing per transaction value.

Hibbett Average Sales per Sqft Related Terms

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Hibbett (FRA:HB6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hibbett Inc (FRA:HB6) » Definitions » Average Sales per Sqft

Comparable Companies

Traded in Other Exchanges

HIBB:USA

Address

2700 Milan Court, Birmingham, AL, USA, 35211

Website

https://www.hibbett.com

Hibbett Inc is engaged in the retail of sports goods. The company operates small to midsize stores and focuses its business on the South, Southwest, mid-Atlantic, and Midwest areas of the country. It offers a broad range of sporting goods, including apparel, footwear, accessories, and equipment needed for team sports, with brands such as Nike, Under Armour, Adidas, The North Face, Jordan, Costa, and others. The company consists of three kinds of stores: Hibbett Sports, the company's primary retail format stores, accounting for most of the company's total stores, City Gear, and Sports Additions, smaller-format stores primarily offering athletic footwear with a fashion-based style.

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