Big 5 Sporting Goods (BGFV) Tops Q3 EPS View by 5c; Guides Q4, FY08; Declares Qtr. Dividend of $0.09/Share

Big 5 Sporting Goods Corporation (Nasdaq: BGFV) reports Q3 EPS of $0.21, 5 cents better than the analyst estimate of $0.16. Revenue for the quarter was $223.2 million, versus the consensus of $225.03 million.

Same store sales fell 6.6% during the quarter.

The Company's Board of Directors has declared a quarterly cash dividend of $0.09 per share of outstanding common stock, which will be paid on December 15, 2008 to stockholders of record as of November 28, 2008.

Sees Q4 same store sales down in the mid- to high-single digit range and EPS of $0.07-$0.17, versus the consensus of $0.20. For FY08, same store sales are expected to be down mid- to high-single digit range with EPS in the range of $0.55-$0.65, versus the consensus of $0.64.

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