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.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Big 5 Sporting Goods's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Big 5 Sporting Goods's position in the market.
Big 5 Sporting Goods reported a decrease in net sales and same store sales for the fiscal 2024 first quarter compared to the prior year. The company's gross profit margin decreased, leading to a net loss of $8.3 million. Despite lower sales, the company managed to decrease selling and administrative expenses. The company declared a quarterly cash dividend of $0.05 per share and provided guidance for the fiscal 2024 second quarter, expecting a net loss per basic share in the range of $0.40 to $0.55.
