Big 5 Sporting Goods (BGFV) Tops Q1 EPS by 8c; Guides Above for Q2
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Big 5 Sporting Goods Corporation (Nasdaq: BGFV) reports Q1 EPS of $0.13, 8 cents better than the analyst estimate of $0.05. Revenue for the quarter was $210.3 million, versus the consensus of $201.17 million.
The Company's Board of Directors has declared a quarterly cash dividend of $0.05 per share of outstanding common stock, which will be paid on June 15, 2009 to stockholders of record as of June 1, 2009.
For the fiscal 2009 second quarter, the Company expects same store sales in the flat to positive low-single digit range and earnings per diluted share in the range of $0.10 to $0.18. For comparative purposes, the Company's earnings per diluted share for the second quarter of fiscal 2008 were $0.08, including a non-recurring charge of $0.04 per diluted share. (Consensus is $0.01)
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