|Bid||5.11 x 1200|
|Ask||6.64 x 1300|
|Day's Range||5.84 - 6.45|
|52 Week Range||0.65 - 6.93|
|Beta (5Y Monthly)||2.47|
|PE Ratio (TTM)||9.92|
|Forward Dividend & Yield||0.40 (6.73%)|
|Ex-Dividend Date||Aug 31, 2020|
|1y Target Est||N/A|
Shares of Big 5 Sporting Goods Corp. soared more than 50% in the extended session Tuesday after the retailer swung to a profit in the second quarter and said that a "strong momentum" in sales continues through the current quarter. Big 5 said it earned $11.1 million, or 52 cents a share, in the quarter, compared with a break-even income for the second quarter of fiscal 2019. Sales fell to $228 million from $241 million a year ago. Same-store sales rose 31.9% for its fiscal July, with sales strong in a "broad array of categories and throughout our geographic markets." That combined with cost-cutting measures put in place in response to the pandemic, Big 5 said. There were no consensus expectations available for Big 5 on FactSet. The shares had ended the regular trading day down 2.6%.
The company is also awarding special bonuses to many of its workers due to their "dedicated" COVID-19 response.
Shares of Big 5 Sporting Goods Corp. more than doubled in active trading Thursday (up 104%), to pace all the premarket gainers, after the sporting goods retailer released upbeat preliminary results for the fiscal second quarter. Trading volume swelled to over 4.2 million shares, compared with the full-day average of about 831,000 shares. The company said it expects earnings per share of 52 cents to 54 cents for the quarter, including a benefit of 15 cents related to rent abatements and litigation recovery, compared with breakeven EPS a year ago. There are no analyst estimates recorded by FactSet. Total sales are expected to be down 5.4% to $228 million and same-stores sales fell 4.2%. Same-store sales were down 28.2% for the first half of the quarter, as the COVID-19 pandemic resulted in a "highly reduced" store count, but that improved to an increase of 15.5% in the second half of the quarter as stores started reopening, with "very strong merchandise margins." The company said all 431 of its stores are currently operating, compared with 434 stores at the same time last year. The stock has tumbled 36.0% year to date through Wednesday, while the SPDR S&P Retail ETF has slipped 3.7% and the S&P 500 has eased 1.9%.