Big 5 Sporting sees Q3 EPS 10c-20c, consensus 22c

The company said, “For the fiscal 2023 third quarter, the Company expects same store sales to decrease in the mid single-digit range compared to the fiscal 2022 third quarter. The Company’s same store sales guidance reflects an expectation that macroeconomic headwinds will continue to impact discretionary consumer spending over the balance of the third quarter. Fiscal 2023 third quarter earnings per share is expected in the range of $0.10 to $0.20, which compares to fiscal 2022 third quarter earnings per diluted share of $0.29.”