Discounted Balls: Sports Retailers Getting Crushed

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We had previously warned that the pain trickling through the sporting goods retail space - combined with Nike's new efforts to go B2C via Amazon and otherwise - will hurt the Foot Lockers ($FL), Dick's Sporting Goods ($DKS), and Hibbett Sports ($HIBB) of the world. Well, we should have put our money where our mouth is: Hibbett Sports Inc. reported that it was going to miss its Q2 numbers BADLY with same store sales tumbling 10%. But, at least they've got a fancy new e-comm site up (with a lot of sale action going on).