Loading...
•
Jul 04, 2021
Big 5 Q2 2021 Earnings Report
Achieved record quarterly sales and earnings results.
Key Takeaways
Big 5 Sporting Goods Corporation reported record second-quarter results, exceeding expectations with a 31.2% increase in same-store sales and a net income of $36.8 million. The company's performance was driven by strong broad-based demand and improved merchandise margins, leading to a 39% increase in the quarterly cash dividend.
Achieved record quarterly sales and earnings results.
Same store sales increased 31.2% in FY 2021 Second Quarter versus the High-End of Guidance of 27%.
EPS of $1.63 for FY 2021 Second Quarter versus Guidance Range of $1.05 to $1.25.
Increased quarterly cash dividend by 39% to $0.25 per Share.
Big 5
Big 5
Forward Guidance
For the third quarter of fiscal 2021, the Company expects same store sales in the flat to positive mid-single digit range and expects to realize earnings per diluted share in the range of $0.95 to $1.15.