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Big 5: 2Q Earnings Snapshot

July 30, 2019

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BGFV at https://www.zacks.com/ap/BGFV

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