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Article Date: January 2021
Word Count: 294

Big 5 Finishes 2020 with Q4 Gains


A significant shift to selling hardgoods, which accounted for 60% of last year’s sales compared to 50% in 2019, powered the 430-door west coast retailer to record sales and profits, BGFV said in a presentation at the ICR conference. Revenues in the fourth quarter ended Jan. 3 grew to $290.5 million, including a 14th week, compared to $244.1 million for the 13-week fourth quarter of fiscal 2019, and same store sales jumped 10.5% on a comparable 14-week basis. Pandemic-driven demand for home fitness, backyard recreation, hunting and fishing, camping and watersports, and individual sports like tennis and golf drove the ... Log in to view full article.

 


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