Taking advantage of its strongest market position since pre-Big Box days, Big 5 had net income of $5,326,000 against a loss of $1,119,000 for the three months ended Apr. 2 on an 8% sales improvement to $252,604,000 from $234,528,000 that was driven by a 7.9% increase in comp store sales as well as the exit of Sports Atrocity and Sport Chalet from the market, more favorable weather conditions this year and a shift to a later Easter that added a selling day to the quarter worth 50 b.p.
All categories comped positively in Q1, led by apparel which had a strong ... Log in to view full article.