Big 5 Sporting Goods Corp Stock Price, News & Analysis

Big 5 Sporting Goods reported Q2 FY 2022 earnings of $0.41 per diluted share, down from $1.63 in the prior year, amid challenging retail conditions.

Net sales decreased to $253.8 million from $326 million in Q2 FY 2021, but showed resilience with a 3.9% increase compared to pre-pandemic FY 2019.

Gross profit was $88.9 million, with a margin of 35%, affected by increased costs. The company declared a quarterly cash dividend of $0.25 per share and ended the quarter with a healthy balance sheet.

Guidance for Q3 anticipates a decline in same-store sales and earnings per share of $0.22 to $0.32.

Big 5 Sporting Goods Corporation (Nasdaq: BGFV) will announce its Q2 fiscal 2022 financial results on August 2, 2022, post-market closure. A conference call to discuss the results is scheduled for the same day at 2:00 PM PT. Participants can access the call via North American or international dialing options, or listen live on the company's website. As of July 3, 2022, Big 5 operates 431 stores across the western United States, offering a diverse range of sporting goods including athletic apparel, equipment, and accessories.

Big 5 Sporting Goods Corporation (Nasdaq: BGFV) reported its fiscal 2022 first-quarter results, showcasing earnings per share (EPS) of $0.41, exceeding the guidance of $0.30 to $0.40. Net sales declined to $242.0 million from $272.8 million in the previous year, with same-store sales down 11.4%. Gross profit was $85.9 million with a margin of 35.5%. The company declared a quarterly dividend of $0.25 per share, and anticipates second-quarter earnings of $0.40 to $0.50 per share, in light of expected challenges.

Big 5 Sporting Goods Corporation (Nasdaq: BGFV) will announce its first quarter fiscal 2022 financial results on May 3, 2022, after market close. A conference call is scheduled for 2:00 p.m. PT the same day, accessible via phone and live streamed on their website. The company operates 431 stores across the western United States, averaging 11,000 square feet, and offers a wide range of sporting goods, including athletic shoes, apparel, and outdoor equipment.

Big 5 Sporting Goods Corporation (Nasdaq: BGFV) reported record fiscal 2021 EPS of $4.55 and a fourth quarter EPS of $0.89. Despite a decline in fourth quarter net sales to $273.4 million, same store sales increased 0.2% year-over-year. The company ended the fiscal year with $97.4 million in cash and no debt. Over $69 million was returned to shareholders through dividends and stock buybacks. Looking ahead, the company anticipates a challenging first quarter with expected same store sales decreasing 10% to 13%.

Big 5 Sporting Goods Corporation (Nasdaq: BGFV) will announce its fourth quarter and full year fiscal 2021 financial results on March 1, 2022, after market close. A conference call is scheduled for 2:00 PM PT on the same day to discuss these results. Participants can access the call via a toll-free number or through the company's website, where a live webcast will also be available. Big 5 operates 431 stores in the western U.S., offering a comprehensive range of sporting goods including athletic shoes, apparel, and outdoor equipment.

Big 5 Sporting Goods (BGFV) reported its fourth quarter and full year results for fiscal 2021. Net sales for Q4 were $273.4 million, a decrease from $290.6 million in Q4 2020. However, same store sales rose by 0.2% year-over-year and 10.6% compared to Q4 2019. Expected EPS for Q4 ranges from $0.84 to $0.86, surpassing earlier guidance. For the full year, EPS is anticipated to be between $4.50 and $4.52. Big 5 returned over $69 million to shareholders through dividends and stock buybacks, ending the fiscal year with approximately $97.4 million in cash.

Big 5 Sporting Goods (BGFV) reported a FY 2021 Q3 net income of $24.1 million ($1.07 EPS), down from $28.4 million ($1.31 EPS) in Q3 2020, primarily due to a calendar shift. Net sales decreased to $289.6 million from $305.0 million year-over-year. However, same-store sales rose 13.2% compared to Q3 2019, showcasing a recovery. The company declared a special cash dividend of $1.00 and a regular dividend of $0.25 per share. For Q4, same-store sales are expected to be flat, with EPS guidance between $0.55 and $0.70.

Big 5 Sporting Goods Corporation (Nasdaq: BGFV) will announce its third quarter fiscal 2021 financial results on November 2, 2021, after the market closes. A conference call to discuss these results is set for 2:00 p.m. Pacific Time on the same day, accessible by dialing (877) 407-9039 for North America and (201) 689-8470 internationally. The live broadcast will be available on the company's website under the 'Investor Relations' section. As of October 3, 2021, Big 5 operates 429 stores across the western U.S., providing a full-line product offering in sporting goods.