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 Corp (symbol: BGFV) is a leading specialty retailer in the United States, focusing on name-brand sporting goods and accessories. With over 430 stores spread across 11 western states, the company offers a comprehensive range of products in a traditional sporting goods store format that typically measures around 11,000 square feet.
The company's product mix includes athletic shoes, apparel, and accessories, alongside a wide selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, and seasonal sports. This extensive inventory caters to diverse recreational needs, making Big 5 a go-to destination for sports enthusiasts and outdoor adventurers alike.
Headquartered in El Segundo, California, Big 5 also operates a significant distribution center in Riverside, which services both its retail stores and e-commerce platform. This integrated supply chain ensures that customers receive their products efficiently, whether shopping in-store or online.
In recent updates, the company has declared a quarterly cash dividend of $0.05 per share, reflecting its commitment to returning value to shareholders. Additionally, for the fiscal 2024 second quarter, Big 5 projects a decrease in same-store sales in the high single-digit range compared to the same period in fiscal 2023. This forecast accounts for ongoing macroeconomic challenges impacting consumer spending.
Big 5's leadership team includes Barry Emerson, Executive Vice President and Chief Financial Officer, who is actively involved in communicating financial strategies and performance to stakeholders. For further insights, investors can contact Barry Emerson at (310) 536-0611 or Jeff Sonnek, Managing Director at ICR, Inc., at (646) 277-1263.
Big 5 Sporting Goods Corporation (Nasdaq: BGFV) will announce its third quarter fiscal 2022 financial results on November 1, 2022, after market close. A conference call to discuss the results is scheduled for 2:00 p.m. Pacific Time on the same day. Participants can join the call via North American dial-in (877) 407-9039 or international dial-in (201) 689-8470, with access also available online through their website. Big 5 operates 431 stores across the western U.S., offering a full range of sporting goods products.
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.
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