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Article Date: October 2017
Word Count: 362

Big 5 Net Dips on Negative Comps


Profit declined 27% to $5,950,000 from $8,187,000 for the 13 weeks ended Oct. 1 as sales fell 3% to $270,471,000 from $279,015,000 which included comps that were down 2.9% against a 6.8% increase last year when BGFV had the tailwind of a quarter after Sports Atrocity and Sport Chalet closed some 200 stores in its market. That was offset somewhat this year as Dick’s took over 20 of the Sports Atrocity stores, and BGFV expects stores up against that competition to feel the impact for about a year. The results were in line with guidance and included a mid-single-digit decline ... Log in to view full article.

 


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