Big 5 Sporting Goods Earnings Calls

Q4 2024 Beat
-$0.95 (1.04%)
Release date Feb 25, 2025
EPS estimate -$0.96
EPS actual -$0.95
EPS Surprise 1.04%
Revenue estimate 181.6M
Revenue actual 181.619M
Revenue Surprise 0.0105%
Q3 2024 Missed
-$0.340 (-36.00%)
Release date Oct 29, 2024
EPS estimate -$0.250
EPS actual -$0.340
EPS Surprise -36.00%
Revenue estimate 240.965M
Revenue actual 220.598M
Revenue Surprise -8.45%
Q2 2024 Beat
-$0.460 (4.17%)
Release date Jul 30, 2024
EPS estimate -$0.480
EPS actual -$0.460
EPS Surprise 4.17%
Revenue estimate 196.35M
Revenue actual 199.824M
Revenue Surprise 1.77%
Q1 2024 Missed
-$0.380 (-8.57%)
Release date Apr 30, 2024
EPS estimate -$0.350
EPS actual -$0.380
EPS Surprise -8.57%
Revenue estimate 196.35M
Revenue actual 193.427M
Revenue Surprise -1.49%

Last 4 Quarters for Big 5 Sporting Goods

Below you can see how BGFV performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.

Q1 2024 Missed
Release date Apr 30, 2024
Fiscal end date Mar 31, 2024
Price on release $3.54
EPS estimate -$0.350
EPS actual -$0.380
EPS surprise -8.57%
Date Price
Apr 24, 2024 $3.33
Apr 25, 2024 $3.33
Apr 26, 2024 $3.47
Apr 29, 2024 $3.65
Apr 30, 2024 $3.54
May 01, 2024 $3.40
May 02, 2024 $3.37
May 03, 2024 $3.41
May 06, 2024 $3.39
4 days before 6.31%
4 days after -4.24%
On release day -3.95%
Change in period 1.80%
Q2 2024 Beat
Release date Jul 30, 2024
Fiscal end date Jun 30, 2024
Price on release $2.74
EPS estimate -$0.480
EPS actual -$0.460
EPS surprise 4.17%
Date Price
Jul 24, 2024 $2.67
Jul 25, 2024 $2.72
Jul 26, 2024 $2.77
Jul 29, 2024 $2.75
Jul 30, 2024 $2.74
Jul 31, 2024 $2.05
Aug 01, 2024 $1.81
Aug 02, 2024 $1.82
Aug 05, 2024 $1.73
4 days before 2.62%
4 days after -36.86%
On release day -25.18%
Change in period -35.21%
Q3 2024 Missed
Release date Oct 29, 2024
Fiscal end date Sep 29, 2024
Price on release $1.89
EPS estimate -$0.250
EPS actual -$0.340
EPS surprise -36.00%
Date Price
Oct 23, 2024 $1.90
Oct 24, 2024 $1.87
Oct 25, 2024 $1.87
Oct 28, 2024 $1.95
Oct 29, 2024 $1.89
Oct 30, 2024 $1.67
Oct 31, 2024 $1.63
Nov 01, 2024 $1.70
Nov 04, 2024 $1.76
4 days before -0.526%
4 days after -6.88%
On release day -11.64%
Change in period -7.37%
Q4 2024 Beat
Release date Feb 25, 2025
Fiscal end date Dec 29, 2024
Price on release $1.37
EPS estimate -$0.96
EPS actual -$0.95
EPS surprise 1.04%
Date Price
Feb 19, 2025 $1.49
Feb 20, 2025 $1.51
Feb 21, 2025 $1.46
Feb 24, 2025 $1.44
Feb 25, 2025 $1.37
Feb 26, 2025 $1.20
Feb 27, 2025 $1.18
Feb 28, 2025 $1.14
Mar 03, 2025 $1.04
4 days before -8.05%
4 days after -24.09%
On release day -12.41%
Change in period -30.20%

Big 5 Sporting Goods Earnings Call Transcript Summary of Q4 2024

Same-store sales decreased by 6.1%.

Net loss was $20.9 million (or $0.95 per share), compared to a net loss of $8.9 million (or $0.41 per share) a year earlier.

Gross profit margin decreased to 28.2%, down from 30.2% year-over-year.

Annual Results for Fiscal 2024

  • Total net sales for the year were $795.5 million, down from $884.7 million.
  • Same-store sales decreased by 9.4% for the fiscal year.
  • Full-year net loss was $69.1 million (or $3.15 per share), significantly worse than a prior year loss of $7.1 million.

Inventory and Cost Management

  • Merchandise inventory decreased by 5.6% year-over-year, indicating efforts to align levels with reduced sales.
  • The company plans to close 15 stores in fiscal 2025 to optimize the store portfolio and focus on productivity.

Challenges and Outlook

  • Economic headwinds are expected to persist, impacting consumer discretionary spending.
  • Sales trends for the beginning of fiscal 2025 remain challenging, particularly for winter-related products due to adverse weather conditions.
  • Guidance for fiscal 2025 first quarter projects a same-store sales decline in the mid to high single-digit range and a net loss per share of $0.75 to $0.85.

Cash Flow and Financing

  • Net cash used in operating activities was $11.4 million in fiscal 2024, down from a positive cash flow of $18.5 million the previous year.
  • Access to financial liquidity was enhanced through an amendment to the $150 million credit agreement with Bank of America, maturing in 2029.

Strategic Initiatives

  • Continued cost management focus, including expenses and merchandise margins, to strengthen performance as market conditions improve.
  • Inventory positioned well for a transition to spring-related categories as winter conditions improve.

Key Takeaway for Investors

Investors should note the ongoing struggles with sales and profitability amidst challenging economic conditions, the potential need for adaptation in inventory management, and the planned store closures aimed at optimizing operations.

Big 5 Sporting Goods Earnings History

Earnings Calendar

FAQ

When is the earnings report for BGFV?
Big 5 Sporting Goods Corporation (BGFV) has scheduled its earnings report for Apr 29, 2025 before the markets open.

What is the BGFV price-to-earnings (P/E) ratio?
BGFV P/E ratio as of Mar 24, 2025 (TTM) is -0.314.

What is the BGFV EPS forecast?
The forecasted EPS (Earnings Per Share) for Big 5 Sporting Goods Corporation (BGFV) for the first fiscal quarter 2025 is -$0.80.

What are Big 5 Sporting Goods Corporation's retained earnings?
On its balance sheet, Big 5 Sporting Goods Corporation reported retained earnings of $181.62 million for the latest quarter ending Dec 29, 2024.

What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.

Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.

What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
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ABOUT BIG 5 SPORTING GOODS CORPORATION
Big 5 Sporting Goods
Big 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States. The company's products include athletic shoes, apparel, and accessories. It also offers a selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, and winter and summer recreation, as well as home recreation. The company also provides private label items, such as shoes, apparel, camping equipme...
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