8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) December 5, 2017

Hibbett Sports, Inc.

(Exact Name Of Registrant As Specified In Its Charter)

Delaware	000-20969	20-8159608
(State of Incorporation)	(Commission	(IRS Employer
	File Number)	Identification No.)

2700 Milan Court

Birmingham, Alabama  35211

(Address of principal executive offices)

(205) 942-4292

(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

□Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

□Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

□Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

□Pre commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Item 7.01.  Regulation FD Disclosures.

Hibbett Sports, Inc. (Company) completed the sale of a portion of the assets of Hibbett Team Sales, Inc., a wholly owned subsidiary of the Company, to BSN SPORTS, on December 5, 2017.  A press release announcing the transaction is provided as Exhibit 99.1 to this Current Report on Form 8-K.  The effects of the transaction are not reflected in the Company's previously announced earnings guidance for the fiscal year ending February 3, 2018.

Item 9.01.  Financial Statements and Exhibits.

(d) Exhibits.

The following exhibit is furnished herewith:

Exhibit No.	Description
99.1	BSN Press Release Dated December 5, 2017

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	HIBBETT SPORTS, INC.
	By:	/s/ Scott J. Bowman
		Scott J. Bowman
December 7, 2017		Senior Vice President and Chief Financial Officer

EXHIBIT INDEX

Exhibit No.	Description
99.1	BSN Press Release Dated December 5, 2017

EX-99.1

EXHIBIT 99.1

BSN SPORTS ACQUIRES A PORTION OF THE ASSETS OF THE ALABAMA-BASED HIBBETT TEAM SALES

-- ADDS TO BSN SALES FOOTPRINT IN ALABAMA, GEORGIA & FLORIDA --

December 5^th, 2017 (Dallas, TX.) BSN SPORTS, the nation's largest direct marketer and distributor of sporting goods to the school and league markets and a division of Varsity Brands, today announced that it has completed the acquisition of a portion of the assets of Hibbett Team Sales, Inc. ("HTS"), based in Birmingham, Alabama. HTS, the team dealer subsidiary of Hibbett Sporting Goods, Inc., is a leading distributor of team apparel and equipment in Alabama and parts of Georgia and the Florida Panhandle, serving team customers since 1975. 

 "We are thrilled to welcome Frank Powell and his talented team to the BSN SPORTS family", said Terry Babilla, BSN SPORTS President. "HTS members will contribute a talented team of sports professionals to our growing organization. Their culture of great customer service and customer first commitment is a perfect fit with our approach to the team sports and community marketplaces.  Together with our 800+ sales professionals nationwide, this combination creates an incomparable one stop shop and we look forward to a bright future together."

Frank Powell of Hibbett Team Sales said, "Since Hibbett Sporting Goods was founded, the focus has been on excellent customer service. Many things have changed in the last 72 years, but the commitment to serving the customer and providing quality products has not changed.  Hibbett Team Sales members joining BSN SPORTS will have access to BSN's immense resources and innovative technology that will allow us to serve our customer better than ever. We are excited to see how we grow together."

Jeff Rosenthal, President and Chief Executive Officer of Hibbett Sports, said, "Joining BSN Sports will provide the Hibbett Team Sales employees with the tools, infrastructure, and support needed to grow the business and continue their success in the future.  I wish the entire team all the best."

Mr. Babilla concluded, "With the addition of HTS personnel, we have added over 200 sales professionals in the last twelve months, including valuable teammates in Utah, Washington, Maryland, California, New Mexico, Oho, Kentucky and Texas. We will continue to seek out partners that share our values and have a passion for building lifelong customer relationships."

If you are interested in joining the fastest growing organization in sports, contact Tevis Martin at tmartin@bsnsports.com or Bob Dickman at bdickman@bsnsports.com.

Media Contact:

Christi Tye

BSN SPORTS

ctye@bsnsports.com

972‐884‐7203

About BSN SPORTS

Dallas-based BSN SPORTS is the leading marketer, manufacturer and distributor of sporting goods apparel and equipment. A division of Varsity Brands, BSN SPORTS markets and distributes its products to over 100,000 institutional and team sports customers in colleges and universities, middle and high schools, and recreational programs throughout the United States via catalog, e-commerce, and direct sales. Focused on providing game changing solutions through local partnerships, multi-brand selection and one-stop shopping for equipment and uniforms, BSN SPORTS' more than 2,000 employees have been helping elevate participation in team sports since 1972. For more information about BSN SPORTS please visit www.bsnsports.com.

About Varsity Brands

With a mission to inspire achievement and create memorable experiences for young people, Varsity Brands elevates the student experience, promotes participation and celebrates achievement through three unique but interrelated businesses: Herff Jones, a Varsity Achievement Brand; BSN SPORTS, a Varsity Sport Brand; and Varsity Spirit. Together, these assets promote personal, school and community pride through their customizable products and programs to elementary and middle schools, high schools, and colleges and universities, as well as church organizations, professional and collegiate sports teams and corporations. Through its 8,200 dedicated employees and independent representatives, Varsity Brands reaches its individual and institutional customers each year via catalog, telesales, ecommerce sites and direct sales channels.

END OF EXHIBIT 99.1