Brief: Big 5 Sporting Goods Corp Announces Fourth Quarter And Full Year Sales Results
17/01/2023 21:31
Jan 17 (Reuters) - Big 5 Sporting Goods Corp BGFV.O :
* ORATION ANNOUNCES FISCAL 2022 FOURTH QUARTER AND FULL YEAR
SALES
RESULTS AND UPDATE OF EARNINGS GUIDANCE
* FOR FISCAL 2022 Q4, NET SALES WERE $238.3 MILLION COMPARED
TO
NET SALES OF $273.4 MILLION FOR Q4 OF FISCAL 2021
* SAME STORE SALES DECREASED 13.2% FOR Q4 OF FISCAL 2022
* FOR FISCAL 2022 Q4, THE COMPANY NOW EXPECTS TO GENERATE
EARNINGS
PER DILUTED SHARE IN THE RANGE OF $0.07 TO $0.08
* FOR FISCAL 2022 FULL YEAR, COMPANY NOW EXPECTS TO GENERATE
EARNINGS PER DILUTED SHARE IN RANGE OF $1.17 TO $1.18
* TOTAL MERCHANDISE INVENTORIES INCREASED BY 9.6% AS OF END
OF
FISCAL 2022 VERSUS END OF PRIOR FISCAL YEAR
Source text for Eikon: ID:nGNX3NvcJb
Further company coverage: BGFV.O
((Reuters.Briefs@thomsonreuters.com;))
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