In fact, the company focuses on expanding in such markets, which offer increased potential for future growth. It has a target of growing more than 1,500 stores in underserved markets. In first-quarter fiscal 2020, Hibbett introduced three new stores, rebranded two of its flagship stores to City Gear outlets and expanded one high-performing store. However, the company shut down 24 underperforming outlets. Management also accelerated the store closure plan in order to increase the store productivity. Currently, the company remains on track to shut down roughly 95 Hibbett stores in fiscal 2020. In addition, Hibbett expects 80-85 net store closings this fiscal year. These factors have been driving Hibbett's comparable sales (comps) since the past few quarters. Strength in footwear, and sneaker-connected apparel & accessories are also fueling comps growth. In fact, the footwear business reported comps increase for seven straight quarters now.