Hibbett Announces Completion of Acquisition by JD Sports Fashion plc
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 25 2024
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Should l Buy ?
Source: Newsfilter
Acquisition Announcement: Hibbett, Inc. has completed its acquisition by JD Sports Fashion plc, effective July 25, 2024, and will no longer operate as a publicly traded company while maintaining its headquarters in Birmingham, Alabama.
Leadership and Growth Opportunities: Mike Longo remains as President and CEO, with Jared Briskin as COO; the merger is expected to enhance growth opportunities through strong vendor relationships and an expanded store footprint in North America.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
