Big 5 Sporting Goods (BGFV) Misses Q4 Views, Comps Fall 9.4%

Go back to Big 5 Sporting Goods (BGFV) Misses Q4 Views, Comps Fall 9.4%

Big 5 Sporting Goods Corporation Announces Fiscal 2017 Fourth Quarter and Full-Year Results

February 27, 2018 4:01 PM EST

EL SEGUNDO, Calif., Feb. 27, 2018 (GLOBE NEWSWIRE) -- Big 5 Sporting Goods Corporation (NASDAQ: BGFV) (the Company), a leading sporting goods retailer, today reported financial results for the fiscal 2017 fourth quarter and full year ended December 31, 2017.

Net sales for the fiscal 2017 fourth quarter were $242.9 million compared to net sales of $266.3 million for the fourth quarter of fiscal 2016.  Same store sales decreased 9.4% for the fourth quarter of fiscal 2017 compared to a 3.1% increase in same store sales for the fourth quarter of fiscal 2016.

Gross profit for the fiscal 2017 fourth... More