This is the Yahoo! Message Board about Big 5 Sporting Goods Corp. (NasdaqNM: BGFV), where you can discuss the future prospects of the company and share information about it with others. This board is not connected in any way with the company, and any messages are solely the opinion and responsibility of the poster.
Nice performance on the 4th quarter. Now Big 5 changes its guidance to $.32 - $.35 fro $.40 - $.44. Analysts had it around $.46 What went wrong? Poor management decisions once again. Bad weather, I think not. Higher labor costs associated with running 2 warehouse centers and trying to move inventory. Everybody knows that a DC is at its lowest inventory level in Jan - Feb. The market surges past 11,000 and this once great stock flirts with a new low. Do not listen to me but you can't argue with the lack of performance of this company. Time to make a change. Yes it is a good buy now that it has been run into the ground. The fish stinks from the head, time to make a change and get rid of the foul smelling leadership
A rocky ride for this once viewed cash cow. 2005 was filled with mis management and poor leadership that has left this company off a high of $29 and change to $22 and change. That represents a market cap loss of some $154,000,000. The company numbers still look strong. Then How Do We Account For ths loss in Value. ------- Poor Leadership, Bad management choices, and a lack of experience in guiding this company as a Public company.Clearly as stock holders we have to protect our investments. Do we want to have this stock drop any further. We need to have the board of directors step up and make a change at the top, and restore this company into higher profits. We need leadership that is not only looking out for his own gain, or the gains of his brother and father. We need someone who can be fair and watch the financial back'S of all it's investors. STAY TUNED. MORE TO FOLLOW.