Big 5 Sporting Goods Corp (NASDAQ: BGFV) reported Q4 EPS of $0.19, ex-items, $0.03 better than the analyst estimate of $0.16. Revenue for the quarter came in at $250.3 million versus the consensus estimate of $255.31 million.

Same store sales decreased 0.5% for the fourth quarter of fiscal 2014.

For the fiscal 2015 first quarter, the Company expects same store sales to increase in the low to mid-single-digit range and earnings per diluted share to be in the range of $0.06 to $0.13, versus the consensus of $0.15.

"As we previously reported, the softness in our fourth quarter performance was essentially confined to the holiday period," said Steven G. Miller, the Company's Chairman, President and Chief Executive Officer. "Although same store sales were positive in October and November, the December selling period was impacted by weaker than expected sales of firearm-related products and soft sales of winter-related products due to the lack of favorable winter weather throughout virtually all of our market areas prior to Christmas, as well as a highly promotional holiday retail environment."

Mr. Miller continued, "We got off to a very positive start for 2015, as same store sales increased in the low double-digit range for January on the strength of outstanding winter weather conditions in our markets over the New Year holiday period. Unfortunately, winter weather conditions in our markets turned extremely unfavorable over the last several weeks, including the President's Day holiday, and as a result our winter business has been negatively impacted and our same store sales declined in the low single-digit range for our February period. For the first quarter to date, our sales are comping up in the low-mid-single-digit range. We are encouraged that over the course of the quarter, we have experienced strength in a number of our non-winter product categories, which has contributed to each of our three major merchandise categories (footwear, apparel and hardgoods) comping positively for the period to date. While we believe that we should be positioned to produce positive same store sales in March, the shipping backlog from the tentatively resolved labor dispute at West Coast ports, through which most of our products travel, has created uncertainty about product availability and sales. We have attempted to reflect the anticipated impact of the port dispute in our outlook for the first quarter."

For earnings history and earnings-related data on Big 5 Sporting Goods Corp (BGFV) click here.