NASDAQ$BGFV
Big 5 Sporting Goods Corporation · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Big 5 reported a net loss due to macroeconomic challenges and weather conditions impacting sales.
Big 5 Sporting Goods Corporation reported a decrease in net sales and same store sales for the fourth quarter of fiscal year 2023. Net sales were $196.3 million, compared to $238.3 million for the same quarter in the previous year. Same store sales decreased by 17.7%. The company reported a net loss of $8.9 million, or $0.41 per basic share, compared to a net income of $1.7 million, or $0.08 per diluted share, in the fourth quarter of fiscal 2022.
- Net sales for Q4 2023 were $196.3 million, a decrease from $238.3 million in Q4 2022.
- Same store sales decreased by 17.7% compared to the same quarter last year.
- The company reported a net loss of $8.9 million, or $0.41 per basic share.
- Gross profit for the quarter was $59.2 million, compared to $79.8 million in the prior year.
Headline financials
Revenue & EPS history
Big 5 · Revenue · Quarterly
$196M
Forward guidance
For the fiscal 2024 first quarter, the Company expects same store sales to decrease in the low double-digit range compared to the fiscal 2023 first quarter. Fiscal 2024 first quarter net loss per basic share is expected in the range of $0.30 to $0.40, which compares to fiscal 2023 first quarter earnings per diluted share of $0.01.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 6 quarterly earnings reports
-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
| Quarter | Report date | Reaction (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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