Welcome to our dedicated page for Big 5 Sporting Goods news (Ticker: BGFV), a resource for investors and traders seeking the latest updates and insights on Big 5 Sporting Goods stock.
Big 5 Sporting Goods Corporation (BGFV) provides investors and industry observers with essential updates through this dedicated news hub. Access official press releases, financial disclosures, and operational developments from this specialty retailer focused on sporting goods and outdoor equipment.
This resource consolidates all BGFV-related announcements including quarterly earnings reports, store expansion updates, and product line expansions. Users benefit from organized access to strategic partnerships, leadership changes, and market positioning developments within the competitive sporting goods retail sector.
Content is updated continuously to reflect the company's latest financial performance, inventory initiatives, and consumer engagement strategies. For those monitoring BGFV's position in outdoor recreation markets or analyzing western U.S. retail trends, this page serves as a primary reference.
Bookmark this page for efficient tracking of BGFV's corporate trajectory. Combine regular visits with SEC filings and market analysis tools for complete investment research.
Big 5 Sporting Goods reported challenging first quarter 2025 results, with net sales declining to $175.6 million from $193.4 million in Q1 2024. Same-store sales dropped 7.8%, while gross profit decreased to $54.3 million with a margin of 30.9%.
The company posted a significant net loss of $17.3 million ($0.78 per basic share), compared to an $8.3 million loss in Q1 2024. EBITDA was negative $12.0 million. Key challenges included macroeconomic headwinds affecting consumer spending and adverse weather impacts on winter-related sales.
Looking ahead, Big 5 expects Q2 2025 same-store sales to decline in the low to mid-single digits, with projected losses between $0.75 to $0.90 per basic share. The retailer closed 8 stores in Q1 and plans to close 7 more stores in 2025, currently operating 414 locations.
Big 5 Sporting Goods (Nasdaq: BGFV) has announced it will release its first quarter fiscal 2025 financial results on Tuesday, April 29, 2025, after market close. The company will host a conference call at 2:00 p.m. Pacific Time on the same day to discuss the results.
Participants can join the call through:
- North America: (877) 407-9039
- International: (201) 689-8470
The call will also be broadcast live on the company's website at www.big5sportinggoods.com under the 'Investor Relations' section. A webcast replay will be available for 30 days, and a telephonic replay will be accessible through May 06, 2025 using (844) 512-2921 with passcode 13753021.
Big 5 Sporting Goods (Nasdaq: BGFV) reported challenging financial results for Q4 and full year 2024. Q4 net sales declined to $181.6M from $196.3M year-over-year, with same-store sales dropping 6.1%. The company posted a Q4 net loss of $20.9M ($0.95 per share), compared to an $8.9M loss in Q4 2023.
For the full year 2024, net sales decreased to $795.5M from $884.7M in 2023, with same-store sales falling 9.4%. The annual net loss was $69.1M ($3.15 per share), including a $21.8M valuation allowance charge for deferred tax assets. Adjusted EBITDA turned negative at $36.7M for 2024, compared to positive $7.3M in 2023.
The company expects continued challenges in Q1 2025, projecting same-store sales to decline in the mid to high single digits and forecasting a net loss of $0.75-$0.85 per share. BGFV has reduced its store count to 414 locations and plans approximately seven additional closures in 2025.
Big 5 Sporting Goods (BGFV) has announced it will release its fourth quarter and full year fiscal 2024 financial results on Tuesday, February 25, 2025, after market close. The company will host a conference call at 2:00 p.m. Pacific Time on the same day to discuss the results.
Participants can join the call by dialing (877) 407-9039 in North America or (201) 689-8470 internationally. The call will also be broadcast live on the company's website. A replay will be available through March 4, 2025, via phone using passcode 13751710, and the webcast will be archived on the company's website for 30 days.
Big 5 Sporting Goods (NASDAQ: BGFV) reported Q4 2024 net sales of $181.6 million, down from $196.3 million in Q4 2023, with same-store sales declining 6.1%. Full-year 2024 sales were $795.5 million compared to $884.7 million in 2023, with a 9.4% same-store sales decrease.
The company expects Q4 2024 loss per share between $0.94-$0.97, including a $1.0 million ($0.04 per share) insurance settlement benefit. Full-year 2024 loss is projected at $3.14-$3.17 per share, including a $21.8 million valuation allowance charge.
Despite lower sales due to warm weather affecting winter product performance, the company achieved favorable gross margin and expense results. Merchandise margins decreased 23 basis points in Q4 and 34 basis points for the full year. Year-end cash balance was $5.4 million with $13.8 million in borrowings, while inventory decreased 4.1% year-over-year.
Big 5 Sporting Goods (Nasdaq: BGFV) has announced the renewal of its credit facility with Bank of America. The new five-year agreement, extending through December 2029, provides a secured revolving credit facility with committed availability of up to $150 million, with potential increases of up to $50 million for a total of $200 million. The facility's interest rates will be based on SOFR rates or Bank of America's prime rate, plus margins ranging from 1.75% to 2.125% for SOFR loans and 0.75% to 1.125% for base rate loans. This renewal aims to provide financial flexibility for the company's operations in the current retail environment.
Big 5 Sporting Goods reported Q3 2024 financial results with net sales of $220.6 million, down from $239.9 million in Q3 2023. Same-store sales decreased 7.5% year-over-year. The company recorded a net loss of $29.9 million, or $1.36 per basic share, including a $21.8 million non-cash charge for deferred tax assets. Gross profit margin declined to 29.1% from 33.2% in the prior year. For Q4 2024, the company expects same-store sales between positive and negative low single digits, with projected net loss per basic share of $0.80 to $1.05.
Big 5 Sporting Goods (Nasdaq: BGFV), a leading sporting goods retailer, has announced that it will release its third quarter fiscal 2024 financial results on Tuesday, October 29, 2024, after the market close. The company will host a conference call to discuss these results and provide additional details at 2:00 p.m. Pacific Time on the same day.
Participants in North America can dial (877) 407-9039, while international participants can dial (201) 689-8470 to access the call. The call will also be broadcast live over the Internet and accessible through the company's website at www.big5sportinggoods.com. A webcast replay will be available for 30 days, and a telephonic replay will be accessible through November 5, 2024, by calling (844) 512-2921 with the passcode 13749066.
Big 5 Sporting Goods (Nasdaq: BGFV) reported financial results for Q2 2024. Net sales were $199.8 million, down from $223.6 million in Q2 2023, with same-store sales decreasing 9.9%. The company reported a net loss of $10.0 million, or $0.46 per basic share, compared to a net loss of $0.3 million in Q2 2023. Gross profit margin decreased to 29.4% from 32.2% last year. The Board has suspended the quarterly cash dividend due to macroeconomic challenges. For Q3 2024, the company expects same-store sales to decrease in the mid-single-digit range and projects a net loss per basic share between $0.15 and $0.35.
Big 5 Sporting Goods (Nasdaq: BGFV), a leading sporting goods retailer, has announced that it will release its second quarter fiscal 2024 financial results on Tuesday, July 30, 2024, after the market close. The company will host a conference call at 2:00 p.m. Pacific Time on the same day to discuss the results and provide additional details.
Participants can access the call by dialing (877) 407-9039 in North America or (201) 689-8470 internationally. The call will also be broadcast live on the company's website at www.big5sportinggoods.com. A telephonic replay will be available through August 6, 2024, by calling (844) 512-2921 with passcode 13747712.
FAQ
What is the current stock price of Big 5 Sporting Goods (BGFV)?
What is the market cap of Big 5 Sporting Goods (BGFV)?
