Big 5 Sporting Goods Corporation (BGFV)
NASDAQ (NGS) NASDAQ (NGS) Primary Summary
Big 5 Incurs Wider Y/Y Loss in Q2 Amid Weak Sales, Plans Buyout
BGFV incurs a loss of $1.11 per share in Q2 FY25 as same-store sales drop 6.1%. Revenue declines 7.5% with gross margin contracting due to higher costs.
Big 5 Sporting Goods Sold to Worldwide Golf for $112 Million
Big 5, a sporting goods retailer based in the western U.S., has been sold for $112 million. The buyers: a partnership made up of another retailer in this space, Worldwide Golf, and private investment firm Capital Hill Group, the company announced last week.
Big 5 Sporting Goods Stock Rises 4% Despite Wider Y/Y Loss in Q1
BGFV incurs a wider year-over-year loss in the first quarter of fiscal 2025 on soft sales and margins. Management eyes recovery with refreshed inventory and store footprint optimization.
Big 5 Sporting Goods Corporation Profile
| - Industry | - Sector | Steven G. Miller CEO | NASDAQ (NGS) Exchange | 08915P101 CUSIP |
| US Country | 2,100 Employees | 14 Jun 2024 Last Dividend | - Last Split | - IPO Date |
Overview
Big 5 Sporting Goods Corporation stands as a prominent sporting goods retailer located in the western United States. With its inception in 1955, the company has grown to offer a wide range of products tailored for athletic and outdoor activities. It specializes in providing athletic shoes, apparel, and accessories. Furthermore, Big 5 Sporting Goods offers an extensive collection of equipment for various team sports, fitness activities, and outdoor recreation such as camping, hunting, and fishing. Additionally, it creates private label merchandise under trademarks like Golden Bear, Harsh, Pacifica, and Rugged Exposure. The company also extends its market presence through an e-commerce platform, facilitating the availability of its products under the Big 5 Sporting Goods brand. Headquartered in El Segundo, California, Big 5 Sporting Goods has established itself as a key player in the sporting goods retail industry in the western U.S.
Products and Services
- Athletic Shoes, Apparel, and Accessories:
A core product offering that caters to the needs of athletes and fitness enthusiasts. This range includes footwear, clothing, and accessories designed for both performance and casual wear.
- Outdoor and Athletic Equipment:
Covers a broad spectrum of equipment for team sports (such as basketball, soccer, and baseball), fitness activities, camping, hunting, fishing, and recreation for both summer and winter. These offerings aim to enhance the outdoor and athletic experiences of consumers.
- Private Label Merchandise:
Big 5 Sporting Goods also offers products under its private labels, including Golden Bear for camping equipment, Harsh for extreme sports accessories, Pacifica for water sports equipment, and Rugged Exposure for outdoor gear. These products provide cost-effective options without compromising on quality.
- E-commerce Platform:
Through its e-commerce platform operating under the Big 5 Sporting Goods name, the company ensures that customers can easily access its wide range of products online, making shopping convenient and accessible from anywhere.
Contact Information
