- Big 5 Sporting Goods press release ( NASDAQ: BGFV ): Q4 GAAP EPS of $0.08.
- Revenue of $238.3M (-12.8% Y/Y) misses by $6.38M .
- EBITDA was $6.9 million for the fourth quarter of fiscal 2022, compared to $31.5 million in the prior year period. For the fiscal 2022 full year, Adjusted EBITDA was $52.6 million compared to a record $152.0 million in fiscal 2021.
- The Company ended the 2022 fiscal year with no borrowings under its credit facility and with a cash balance of approximately $25.6 million.
- This compares to no borrowings under the Company’s credit facility and $97.4 million of cash and cash equivalents as of the end of the 2021 fiscal year.
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First Quarter GuidanceFor the fiscal 2023 first quarter, the Company expects same store sales to decrease in the mid single-digit range compared to the fiscal 2022 first quarter.
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Fiscal 2023 first quarter earnings per share is expected in the range of negative $0.02 to positive $0.06, which compares to fiscal 2022 first quarter earnings per diluted share of $0.41.
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Big 5 Sporting Goods GAAP EPS of $0.08, revenue of $238.3M misses by $6.38M