2023-05-02 16:02:53 ET
- Big 5 Sporting Goods press release ( NASDAQ: BGFV ): Q1 GAAP EPS of $0.01.
- Revenue of $224.94M (-7.0% Y/Y) misses by $4.22M .
- EBITDA was $4.5 million for the first quarter of fiscal 2023 compared to $15.0 million in the prior year period..
- Q2 Outlook: The Company expects same store sales to decrease in the high single-digit range compared to the fiscal 2022 second quarter. The Company’s same store sales guidance reflects an expectation that macroeconomic headwinds will continue to impact discretionary consumer spending over the balance of the second quarter. Fiscal 2023 second quarter earnings per share is expected in the range of negative $0.10 to positive $0.05, which compares to fiscal 2022 second quarter earnings per diluted share of $0.41.
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Big 5 Sporting Goods GAAP EPS of $0.01, revenue of $224.94M misses by $4.22M