Big 5 Sporting Goods (BGFV) PT, Estimates Lowered at Needham & Company; 'Strong Buy' Maintained
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Big 5 Sporting Goods Corp (BGFV) Tops Q4 EPS by 3c
February 24, 2015 4:10 PM ESTBig 5 Sporting Goods Corp (NASDAQ: BGFV) reported Q4 EPS of $0.19, ex-items, $0.03 better than the analyst estimate of $0.16. Revenue for the quarter came in at $250.3 million versus the consensus estimate of $255.31 million.
Same store sales decreased 0.5% for the fourth quarter of fiscal 2014.
For the fiscal 2015 first quarter, the Company expects same store sales to increase in the low to mid-single-digit range and earnings per diluted share to be in the range of $0.06 to $0.13, versus the consensus of $0.15.
"As we previously reported, the softness in our fourth quarter performance... More
