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Article Date: March 2022
Word Count: 490

Big 5 Momentum Slows in Q4


Results slipped in the final quarter of what has been BGFV’s best year ever, with net income down 5% to $19,906,000 from $21,022,000 on 6% lower revenues of $273,357,000 down from $290,582,000. The fourth quarter contained 13 weeks this year and 14 weeks in 2020. Same store sales inched up 0.2%, but were up 10.6% from the pre-pandemic Q4 ’19. Apparel and footwear sales both comped up double digits in the retailer’s last quarter with access to fresh Nike product. Hardgoods comped down low-double digits lapping huge pandemic year demand for home fitness and outdoor recreation. Oct. sales were up ... Log in to view full article.

 


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