Big 5: 2Q Earnings Snapshot
EL SEGUNDO, Calif. (AP) _ Big 5 Sporting Goods Corp. (BGFV) on Tuesday reported second-quarter net income of $28,000, after reporting a loss in the same period a year earlier.
The El Segundo, California-based company said it had profit of less than 1 cent on a per-share basis. Losses, adjusted for non-recurring gains, were 3 cents per share.
The sporting goods retailer posted revenue of $241 million in the period.
For the current quarter ending in October, Big 5 expects its per-share earnings to range from 15 cents to 23 cents.
In the final minutes of trading on Tuesday, the company’s shares hit $1.62. A year ago, they were trading at $6.50.