NASDAQ$BGFV

Big 5 Sporting Goods Corporation · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Achieved record quarterly sales and earnings results.

Big 5 Sporting Goods Corporation reported record second-quarter results, exceeding expectations with a 31.2% increase in same-store sales and a net income of $36.8 million. The company's performance was driven by strong broad-based demand and improved merchandise margins, leading to a 39% increase in the quarterly cash dividend.

  • Achieved record quarterly sales and earnings results.
  • Same store sales increased 31.2% in FY 2021 Second Quarter versus the High-End of Guidance of 27%.
  • EPS of $1.63 for FY 2021 Second Quarter versus Guidance Range of $1.05 to $1.25.
  • Increased quarterly cash dividend by 39% to $0.25 per Share.

Headline financials

Total Revenue

$326M

Previous: $228M+43.0%
EPS (adj)

$1.63

Previous: $0.52+213.5%
Gross profit margin

38.9%

Previous: 31.7%+22.7%
Capital Expenditures

-$4.11M

Previous: -$3.44M-19.2%
Free Cash Flow

$84.6M

Previous: $54.8M+54.5%
Net Income

$36.8M

Previous: $11.1M+230.5%
Operating Income

$48.5M

Previous: $16.4M+196.7%
Gross Profit

$127M

Previous: $72.2M+75.8%
Cash & Equivalents

$119M

Previous: $16.7M+610.7%
Total Assets

$759M

Previous: $660M+15.0%

Revenue & EPS history

Big 5 · Revenue · Quarterly

$326M

Q2 2021+43%vs Q2 2020
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Forward guidance

For the third quarter of fiscal 2021, the Company expects same store sales in the flat to positive mid-single digit range and expects to realize earnings per diluted share in the range of $0.95 to $1.15.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 6 quarterly earnings reports

Historical avg

-2.4%

Avg return

Earnings day

-12.0%

Avg return

5 days after

-10.6%

Avg return

30 days after

30%

18 / 60 earnings

Positive

+43.4%

Q2 2020

Best reaction

-28.7%

Q4 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025———
Q3 2025———
Q2 2025+0.0%+0.0%+0.7%
Q1 2025+4.4%+6.4%+38.4%
Q4 2024-12.4%-24.4%-27.4%
Q3 2024-14.4%-13.5%-13.5%
Q2 2024-25.5%-34.1%-33.3%
Q1 2024-6.8%-6.6%-4.9%
Q4 2023-10.5%-12.0%-34.1%
Q3 2023-22.6%——
Q2 2023-15.3%——
Q1 2023-8.0%——
Q4 2022-4.3%——
Q3 2022-7.0%——
Q2 2022-5.7%——
Q1 2022-1.0%——
Q4 2021+2.1%——
Q3 2021+24.0%——
Q2 2021-6.0%——
Q1 2021+30.1%——
Q4 2020-7.6%——
Q3 2020-5.9%——
Q2 2020+43.4%——
Q1 2020-0.5%——
Q4 2019-28.7%——
Q3 2019+34.2%——
Q2 2019+29.9%——
Q1 2019-9.2%——
Q4 2018-8.7%——
Q3 2018-17.6%——
Q2 2018-8.8%——
Q1 2018+7.1%——
Q4 2017-12.8%——
Q3 2017+2.8%——
Q2 2017-6.0%——
Q1 2017-4.2%——
Q4 2016-4.0%——
Q3 2016+8.4%——
Q2 2016+20.0%——
Q1 2016-23.5%——
Q4 2015-13.1%——
Q3 2015-21.9%——
Q2 2015-28.4%——
Q1 2015+9.4%——
Q4 2014-5.9%——
Q3 2014+14.2%——
Q2 2014-14.4%——
Q1 2014-20.3%——
Q4 2013-7.4%——
Q3 2013+17.9%——
Q2 2013-17.6%——
Q1 2013+12.2%——
Q4 2012+3.8%——
Q3 2012+34.6%——
Q2 2012-3.3%——
Q1 2012-4.0%——
Q4 2010-7.9%——
Q3 2010+5.2%——
Q4 2011-4.4%——
Q2 2010-4.4%——
Q1 2011-16.1%——
Q1 2010-3.5%——

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