Sporting Goods, Hobby & Musical Instrument Stores Industry

NAICS: 4511

Sporting Goods, Hobby & Musical Instrument Stores Market Share: Largest Companies in the Sporting Goods, Hobby & Musical Instrument Stores Industry

Company	Headquarters	Revenue ($ MM)
TOYS R US	Parsippany, NJ	100
DICK'S CLOTHING & SPORTING GOODS	Coraopolis, PA	78
BASS PRO GROUP	Springfield, MO	70
ACADEMY	Katy, TX	58
HOBBY LOBBY STORES	Oklahoma City, OK	52
RECREATIONAL EQUIPMENT	Sumner, WA	39
JO-ANN STORES	Hudson, OH	26
GUITAR CENTER STORES	Westlake Village, CA	24
SPORTSMAN'S WAREHOUSE	West Jordan, UT	20
PELOTON INTERACTIVE	New York, NY	19
SCHEELS ALL SPORTS	Fargo, ND	14
HIBBETT (NASDAQ: HIBB)	Birmingham, AL	13
BIG 5	El Segundo, CA	8
LIFETIME PRODUCTS	Clearfield, UT	5
DUNHAMS ATHLEISURE	Troy, MI	5
2428392 INC DBA FYE	Albany, NY	4
GOLF & TENNIS PRO SHOP	Roswell, GA	4
COULTER VENTURES	Columbus, OH	3
BUILD-A-BEAR WORKSHOP (NYSE: BBW)	St. Louis, MO	3

This is a list of the largest companies active in the Sporting Goods, Hobby & Musical Instrument Stores industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Sporting Goods, Hobby & Musical Instrument Stores industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.

Growth: Fastest Growing Sporting Goods, Hobby & Musical Instrument Stores Companies

A list of competitors in the Sporting Goods, Hobby & Musical Instrument Stores industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

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Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Sporting Goods, Hobby & Musical Instrument Stores businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repaid. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

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Venture Funding

These Sporting Goods, Hobby & Musical Instrument Stores companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

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