Big 5 Sporting Goods Corporation NASDAQ In the retail sector, investors are
unlikely to find many companies that offer future prospects as good as Big 5
Sporting Goods (NASDAQ:BGFV). The firm's stock has rallied nearly 30% in the
past three months. The company operates as a sporting goods retailer in western
United States, and produces products such as athletic shoes, apparel, as moncler
women caots well as outdoor and athletic equipment. With the recovery in
the US economy pacing at a faster rate than expected, and falling oil prices
that are leaving more cash in consumers' pockets, Big is poised to deliver
strong returns ahead.
In this article, I will evaluate Big's financial strength moncler mens
vests by reviewing its latest quarterly performance. Later, I discuss
factors that will support the quantified upside of the company.
Third QuarterIn its moncler men
jacketslatest quarter, Big delivered revenue growth of 230 bps, as the
http://www.moncleroutletvip.com/ figure came to $265 million.
The yearoveryear increase beat the analysts' expectations and was supported by
comparablestore sales "comp" growth of 100 bps.
There were several factors that affected the sales throughout the period.
Most importantly, the reduced demand for firearms and ammunition impacted
samestore sales by nearly 300 bps. If we exclude the sales of firearm related
products, the company's comps would have been up in the midsingle digit range
for the period. In addition, the performance was extensively impacted by the
ongoing drought that has taken an economic and recreational toll across much of
Western markets, particularly California. Despite these headwinds, an increase
in both customer transactions and average sales versus the prior year moncler mens
coats was an achievement worth appreciating on the company's part.
However, higher store occupancy and distribution moncler
womens jackets costs impacted the gross margin negatively as it fell by
140 bps during the period. A similar trend followed for overall earnings which
decreased by 24% to 34 cents. Nonetheless, the earnings weren't disappointing as
moncler
women veststhey exceeded the high end of the company's guidance.
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