Big 5 Sporting Goods Second Quarter 2023 Earnings: US$0.013 loss per share (vs US$0.41 profit in 2Q 2022)
Big 5 Sporting Goods (NASDAQ:BGFV) Second Quarter 2023 Results
Key Financial Results
Revenue: US$223.6m (down 12% from 2Q 2022).
Net loss: US$282.0k (down by 103% from US$8.93m profit in 2Q 2022).
US$0.013 loss per share (down from US$0.41 profit in 2Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Big 5 Sporting Goods Earnings Insights
Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 5.8% growth forecast for the Specialty Retail industry in the US.
Performance of the American Specialty Retail industry.
The company's shares are down 15% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 3 warning signs for Big 5 Sporting Goods (1 is a bit concerning!) that you should be aware of.
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