netrashetty
Netra Shetty
Hi-Point Firearms, also known as Beemiller (Distributed by MKS Supply), is a firearms manufacturer based in Mansfield, Ohio. However only the CF.380, C9 9 mm, & the carbines are made in Mansfield. They manufacture low-cost pistols and carbines, in the following calibers:
.380 ACP - Model CF-380 and 380COMP
9 mm Luger - C-9 and C-9 COMP pistols,
9mm-Model 995, .40S&W-model 4095, and the .45 ACP-model 4595 carbine
The following are manufactured by Iberia Firearms[1]
.40 S&W - Model 40SW pistol
The following are manufactured by Haskell Manufacturing[1]
.45 ACP - Model 45ACP pistol
Hi-Point semi-automatic pistols are polymer-framed and generally regarded as simple, inexpensive handguns, which trade-off aesthetics for lower manufacturing cost. Based on a blowback design, Hi-Point pistols do not have a breech-locking system like most handguns. Instead they have large, heavy slides that hold the breech closed through sheer mass. The result is a heavier gun that is bulkier and may be less aesthetically appealing than designs employing recoil operation. Pistols that use a blowback action in the calibers that Hi-Point firearms are chambered for are somewhat rare.[2] While making the pistols heavy, this design also makes them mechanically simple and easy to maintain. HiPoint recommends hosing out the action with a powder solvent like breakfree powderblast or another aerosol solvent, then every 500-800 rounds running a patch or 2 down the barrel.
Hibbett Sports (NASDAQ: HIBB) sells sporting goods in 688 stores in 23 states, predominately in the Sun Belt, Mid-Atlantic, and lower Midwest regions of the U.S.A. It focuses on markets where there is little to no direct competition - small counties with as few as 30,000 people - and as a result, its stores are smaller than those of major sporting goods retailers Dick's Sporting Goods (50,000 square feet) and Big 5 (11,000 square feet).[1] It also differs from its peers in selling only full-priced products rather than a mix of premium and discount goods.
For the entire fiscal 2010, net sales were $593.5 million, a 5.2% increase from the $564.2 million the year before, driven by a 0.7% increase in comparable store sales, which was primarily driven by the high demand for University of Alabama and New Orleans Saints merchandise following their respective championship seasons.[2] Net income in fiscal 2010 increased 10.5% to $32.5 million compared with $29.4 million in fiscal 2009.[3]
In Q3 2011, Hibbett reported net sales of $167.4 million, up 14.8% from the $145.9 million the year before, driven by an increase of 12.5% in comparable store sales. Net income increased 43.5% to $12.6 million compared with $8.8 million for the third quarter of fiscal 2010.[4] The revenue beat analyst estimates of $161.61 million, based on a 12.5% increase in same-store sales and the opening of 17 new stores.[5]
Hibbett mainly competes with local independent sporting goods stores rather than national chains because of its small store size, and its lack of discount offerings. Hibbett depends on discretionary income to build its sales - its products are not necessary commodities. As such, the company is exposed to a hurting U.S. economy, the credit crunch, and seasonal fluctuations.
Business Overview
Hibbett Store Locations, fiscal year 2009[6]
Hibbett Sports sells soft goods (athletic and sport apparel/footwear) and hard goods (durable items such as baseball bats, footballs, etc.), all of which are circulated from the company's 220,000 square foot distribution center in Birmingham, Alabama.[7] Hibbett sells its products at individual stores, through its website, hibbett.com, and through its team sales division, Hibbett Team Sports, Inc. The company emphasizes team sports and is a leading supplier of customized athletic apparel, equipment, and footwear to athletic and youth programs primarily in Alabama.
Unlike other sporting goods chains who offer discounted merchandise, Hibbett sells all of its products at full price. With an average store space of 5,000 square feet, Hibbett stores are much smaller than other sporting goods venues--Big 5 stores average 11,000 square feet, while a typical Dick's Sporting Goods store measures 50,000 square feet.[8][9][10] The size and location of Hibbett stores deliver low operating costs and allow the company to target counties that represent between 30,000 and 100,000 people--something its larger competitors cannot do.[11] The company relies on strategically located distribution centers to move new products to its rural locations.
Hibbett primarily operates in strip centers, anchored by Wal-Mart and enclosed malls. Although Hibbett seeks the Wal-Mart customer, the two companies' strategies greatly differ. Wal-Mart sells hunting, fishing, and camping equipment, in addition to food and household appliances, while Hibbett focuses on equipment for team sports. Wal-Mart carries about 30 types of baseball gloves; Hibbett carries about 80. Wal-Mart focuses on discounted items as a self-service store, whereas Hibbett offers fully-priced products as a full-service store.
In fiscal 2009 (February 2008 to January 2009), Hibbett sold over $564.1 million in products with a net income of $29.45 million. [12]
.380 ACP - Model CF-380 and 380COMP
9 mm Luger - C-9 and C-9 COMP pistols,
9mm-Model 995, .40S&W-model 4095, and the .45 ACP-model 4595 carbine
The following are manufactured by Iberia Firearms[1]
.40 S&W - Model 40SW pistol
The following are manufactured by Haskell Manufacturing[1]
.45 ACP - Model 45ACP pistol
Hi-Point semi-automatic pistols are polymer-framed and generally regarded as simple, inexpensive handguns, which trade-off aesthetics for lower manufacturing cost. Based on a blowback design, Hi-Point pistols do not have a breech-locking system like most handguns. Instead they have large, heavy slides that hold the breech closed through sheer mass. The result is a heavier gun that is bulkier and may be less aesthetically appealing than designs employing recoil operation. Pistols that use a blowback action in the calibers that Hi-Point firearms are chambered for are somewhat rare.[2] While making the pistols heavy, this design also makes them mechanically simple and easy to maintain. HiPoint recommends hosing out the action with a powder solvent like breakfree powderblast or another aerosol solvent, then every 500-800 rounds running a patch or 2 down the barrel.
Hibbett Sports (NASDAQ: HIBB) sells sporting goods in 688 stores in 23 states, predominately in the Sun Belt, Mid-Atlantic, and lower Midwest regions of the U.S.A. It focuses on markets where there is little to no direct competition - small counties with as few as 30,000 people - and as a result, its stores are smaller than those of major sporting goods retailers Dick's Sporting Goods (50,000 square feet) and Big 5 (11,000 square feet).[1] It also differs from its peers in selling only full-priced products rather than a mix of premium and discount goods.
For the entire fiscal 2010, net sales were $593.5 million, a 5.2% increase from the $564.2 million the year before, driven by a 0.7% increase in comparable store sales, which was primarily driven by the high demand for University of Alabama and New Orleans Saints merchandise following their respective championship seasons.[2] Net income in fiscal 2010 increased 10.5% to $32.5 million compared with $29.4 million in fiscal 2009.[3]
In Q3 2011, Hibbett reported net sales of $167.4 million, up 14.8% from the $145.9 million the year before, driven by an increase of 12.5% in comparable store sales. Net income increased 43.5% to $12.6 million compared with $8.8 million for the third quarter of fiscal 2010.[4] The revenue beat analyst estimates of $161.61 million, based on a 12.5% increase in same-store sales and the opening of 17 new stores.[5]
Hibbett mainly competes with local independent sporting goods stores rather than national chains because of its small store size, and its lack of discount offerings. Hibbett depends on discretionary income to build its sales - its products are not necessary commodities. As such, the company is exposed to a hurting U.S. economy, the credit crunch, and seasonal fluctuations.
Business Overview
Hibbett Store Locations, fiscal year 2009[6]
Hibbett Sports sells soft goods (athletic and sport apparel/footwear) and hard goods (durable items such as baseball bats, footballs, etc.), all of which are circulated from the company's 220,000 square foot distribution center in Birmingham, Alabama.[7] Hibbett sells its products at individual stores, through its website, hibbett.com, and through its team sales division, Hibbett Team Sports, Inc. The company emphasizes team sports and is a leading supplier of customized athletic apparel, equipment, and footwear to athletic and youth programs primarily in Alabama.
Unlike other sporting goods chains who offer discounted merchandise, Hibbett sells all of its products at full price. With an average store space of 5,000 square feet, Hibbett stores are much smaller than other sporting goods venues--Big 5 stores average 11,000 square feet, while a typical Dick's Sporting Goods store measures 50,000 square feet.[8][9][10] The size and location of Hibbett stores deliver low operating costs and allow the company to target counties that represent between 30,000 and 100,000 people--something its larger competitors cannot do.[11] The company relies on strategically located distribution centers to move new products to its rural locations.
Hibbett primarily operates in strip centers, anchored by Wal-Mart and enclosed malls. Although Hibbett seeks the Wal-Mart customer, the two companies' strategies greatly differ. Wal-Mart sells hunting, fishing, and camping equipment, in addition to food and household appliances, while Hibbett focuses on equipment for team sports. Wal-Mart carries about 30 types of baseball gloves; Hibbett carries about 80. Wal-Mart focuses on discounted items as a self-service store, whereas Hibbett offers fully-priced products as a full-service store.
In fiscal 2009 (February 2008 to January 2009), Hibbett sold over $564.1 million in products with a net income of $29.45 million. [12]