The earnings call highlighted improved sales trends in March and strategic inventory management, but was overshadowed by significant revenue declines, increased net losses, and projected continued sales challenges due to macroeconomic conditions.
Company Guidance
In the first quarter of fiscal 2025, Big 5 Sporting Goods reported net sales of $175.6 million, a decrease from $193.4 million in the previous year, with same-store sales down 7.8% compared to fiscal 2024. Notably, winter-related sales plummeted nearly 25% due to unfavorable weather conditions, particularly impacting apparel and footwear, which saw declines of 8.7% and 11.8%, respectively. The company's gross profit for the quarter was $54.3 million, with a gross margin of 30.9%, slightly down from 31.2% in the prior year. Net loss for the quarter was $17.3 million or $0.78 per basic share, worsened by a lack of income tax benefit due to a deferred tax asset valuation allowance. For the second quarter, Big 5 anticipates same-store sales to decline in the low to mid-single-digit range and projects a net loss per basic share between $0.75 and $0.90, influenced by persistent macroeconomic challenges and calendar shifts.
Positive March Sales Trend
March same-store sales were flat versus the prior year, a significant improvement from the double-digit declines earlier in the quarter, aided by late-season positive winter weather.
Strategic Inventory Management
Inventory increased by 6.5% year-over-year, reflecting earlier seasonal merchandise receipts, which helped mitigate near-term tariff impacts and better prepare for spring and summer sales.
Expense Management
Selling and administrative expenses decreased by $0.6 million compared to the prior year, primarily due to reductions in labor costs and credit card fees.
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Big 5 Sporting Goods (BGFV) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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BGFV Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Apr 29, 2025
$0.86
$0.90
+4.65%
Feb 25, 2025
$1.37
$1.20
-12.41%
Oct 29, 2024
$1.89
$1.66
-12.17%
Jul 30, 2024
$2.74
$2.05
-25.18%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Big 5 Sporting Goods Corp. (BGFV) report earnings?
Big 5 Sporting Goods Corp. (BGFV) is schdueled to report earning on Aug 05, 2025, TBA Not Confirmed.
What is Big 5 Sporting Goods Corp. (BGFV) earnings time?
Big 5 Sporting Goods Corp. (BGFV) earnings time is at Aug 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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