The earnings call highlighted effective inventory and expense management and an extended credit agreement, but these positives were overshadowed by significant declines in net sales, increased net losses, and challenges in winter product sales. The lowlights indicate ongoing macroeconomic challenges affecting performance.
Company Guidance
During the Big 5 Sporting Goods Fourth Quarter 2024 Earnings Results Conference Call, guidance for the first quarter of fiscal 2025 was provided, highlighting the expectation of continued macroeconomic challenges impacting consumer spending. The company anticipates same-store sales to decline in the mid to high single-digit range compared to the first quarter of 2024. The expected net loss per basic share for the first quarter of 2025 is projected to be between $0.75 and $0.85, which assumes no tax benefit for the period, contrasting with a net loss of $0.38 per basic share in the same quarter of the previous year. This guidance reflects the ongoing strategic focus on optimizing store operations and managing inventory levels in response to economic conditions.
Inventory Management Success
The company successfully reduced inventory by 5.6% year-over-year, reflecting efforts to align inventory levels with sales and maintain flexibility for opportunistic buying.
Expense Management
Selling and administrative expenses were reduced by $1 million compared to the prior year, aided by lower labor costs and a $0.9 million insurance settlement gain.
Extended Credit Agreement
The company amended and extended its $150 million credit agreement with Bank of America, providing financial flexibility until December 2029.
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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
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%
Apr 30, 2024
$3.49
$3.35
-4.01%
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 May 06, 2025, TBA Not Confirmed.
What is Big 5 Sporting Goods Corp. (BGFV) earnings time?
Big 5 Sporting Goods Corp. (BGFV) earnings time is at May 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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