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Big 5 Sporting Goods Corp. (BGFV)
NASDAQ:BGFV
RESEARCH TOOLSreports
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Big 5 Sporting Goods
(NASDAQ:BGFV)
50Neutral
Big 5 Sporting Goods (BGFV) vs. S&P 500 (SPY)
Market Cap
$23.08M
Dividend Yield47.03%
Average Volume (3M)154.91K
Price to Earnings (P/E)―
Beta (1Y)0.56
Revenue Growth-8.85%
EPS Growth-397.36%
CountryUS
Employees2,100
SectorConsumer Cyclical
Sector Strength67
IndustrySpecialty Retail
Share Statistics
EPS (TTM)-0.78
Shares Outstanding22,855,062
10 Day Avg. Volume142,765
30 Day Avg. Volume154,915
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)0.13
Price to Sales (P/S)0.00
P/FCF Ratio-0.47
Enterprise Value/Market Cap14.10
Enterprise Value/Revenue0.10
Enterprise Value/Gross Profit1.42
Enterprise Value/Ebitda-2.56
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Big 5 Sporting Goods Business Overview & Revenue Model
Company DescriptionBig 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States. The company's products include athletic shoes, apparel, and accessories. It also offers a selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, and winter and summer recreation, as well as home recreation. The company also provides private label items, such as shoes, apparel, camping equipment, fishing supplies, and snow sport equipment. It sells private label merchandise under its own trademarks comprising Golden Bear, Harsh, Pacifica, and Rugged Exposure. As of May 03, 2022, the company operated 431 stores. It also operates an e-commerce platform under the Big 5 Sporting Goods name. The company was founded in 1955 and is headquartered in El Segundo, California.
How the Company Makes MoneyBig 5 Sporting Goods makes money primarily through the sale of its diverse range of sporting goods and outdoor products via its retail stores. Its revenue model is centered on direct sales to consumers, with income generated from the vast selection of branded and private-label merchandise it offers. The company operates numerous brick-and-mortar locations, where it leverages its extensive product assortment and competitive pricing to attract customers. Additionally, Big 5 strategically manages its inventory and store operations to maximize sales and profitability. While the company may also engage in marketing partnerships or promotions to boost sales, its core revenue stream remains the sale of sporting goods and related products.
Big 5 Sporting Goods Financial Statement Overview
Summary
Big 5 Sporting Goods faces substantial challenges, including declining revenues and profitability, high leverage, and negative cash flow. The company needs to address these issues to improve its financial health.Income Statement
Big 5 Sporting Goods has faced challenges in maintaining profitability, as evidenced by negative net income and EBIT margins in the TTM (Trailing-Twelve-Months). Revenue has declined over recent periods, indicating a shrinking market presence. Gross profit margins have also decreased, which points to cost pressures or pricing challenges. The company needs to address declining sales and profitability to improve its financial health.45
Neutral
Balance Sheet
The company's balance sheet reveals a relatively high debt-to-equity ratio, signaling potential leverage risks. However, stockholders' equity has decreased over recent periods, and the equity ratio has declined, which might impact financial stability. The company needs to manage its leverage and improve equity to strengthen its balance sheet.55
Neutral
Cash Flow
The cash flow statement highlights negative free cash flow in the TTM, driven by negative operating cash flow. The operating cash flow to net income ratio is unfavorable, indicating cash generation issues. The company needs to enhance its cash flow management to support operations and growth.40
Negative
| Breakdown | |||||
| TTM | Dec 2024 | Dec 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 777.69M | 795.47M | 884.75M | 995.54M | 1.16B | 1.04B | Gross Profit |
| 228.43M | 234.50M | 285.84M | 341.21M | 435.83M | 349.17M | EBIT |
| -61.02M | -55.57M | -10.73M | 15.04M | 136.02M | 57.45M | EBITDA |
| -42.69M | -36.44M | 8.18M | 49.99M | 136.02M | 76.27M | Net Income Common Stockholders |
| -78.04M | -69.07M | -7.08M | 26.13M | 102.39M | 55.94M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 12.62M | 5.42M | 9.20M | 25.57M | 97.42M | 64.65M | Total Assets |
| 649.56M | 609.37M | 644.68M | 708.79M | 753.95M | 699.99M | Total Debt |
| 280.69M | 299.14M | 277.25M | 295.47M | 290.99M | 296.12M | Net Debt |
| 268.07M | 293.72M | 268.05M | 269.91M | 193.57M | 231.46M | Total Liabilities |
| 414.12M | 433.75M | 400.27M | 440.01M | 486.64M | 467.36M | Stockholders Equity |
| 235.44M | 175.61M | 244.41M | 268.78M | 267.31M | 232.64M |
| Cash Flow | Free Cash Flow | ||||
| -45.66M | -22.32M | 7.52M | -41.63M | 104.66M | 141.40M | Operating Cash Flow |
| -34.85M | -11.37M | 18.54M | -28.44M | 115.53M | 148.74M | Investing Cash Flow |
| -9.78M | -10.85M | -10.96M | -13.18M | -10.62M | -5.36M | Financing Cash Flow |
| 35.96M | 18.44M | -23.94M | -30.23M | -72.15M | -86.95M |
Big 5 Sporting Goods Technical Analysis
Positive
1.53
Price Trends
0.95
Positive
1.27
Positive
1.58
Negative
Market Momentum
0.05
Negative
84.44
Negative
77.64
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BGFV, the sentiment is Positive. The current price of 1.53 is above the 20-day moving average (MA) of 0.92, above the 50-day MA of 0.95, and below the 200-day MA of 1.58, indicating a neutral trend. The MACD of 0.05 indicates Negative momentum. The RSI at 84.44 is Negative, neither overbought nor oversold. The STOCH value of 77.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BGFV.
Big 5 Sporting Goods Risk Analysis
Big 5 Sporting Goods disclosed 33 risk factors in its most recent earnings report. Big 5 Sporting Goods reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Big 5 Sporting Goods Peers Comparison
Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $17.01B | 15.12 | 40.08% | 2.12% | 3.53% | 13.86% | |
74 Outperform | $751.17M | 30.50 | 14.01% | ― | 35.78% | 23.49% | |
72 Outperform | $3.09B | 8.10 | 21.14% | 0.99% | -3.67% | -14.66% | |
61 Neutral | $6.93B | 11.84 | 2.89% | 3.91% | 2.59% | -21.68% | |
56 Neutral | $76.57M | ― | -13.22% | ― | -7.02% | -13.44% | |
52 Neutral | $48.03M | ― | -41.01% | ― | -12.86% | -386.01% | |
50 Neutral | $23.08M | ― | -39.57% | 47.03% | -8.85% | -397.36% |
* Consumer Cyclical Sector Average
Performance Comparison
BGFV
Big 5 Sporting Goods
1.53
-1.89
-55.26%
DKS
Dick's Sporting Goods
212.04
15.13
7.68%
LQDT
Liquidity Services
24.89
5.27
26.86%
PRTS
CarParts.com Inc
0.91
-0.15
-14.15%
SPWH
Sportsman's Warehouse
2.10
-1.25
-37.31%
ASO
Academy Sports and Outdoors
46.54
-8.40
-15.29%
Big 5 Sporting Goods Earnings Call Summary
Earnings Call Date:Apr 29, 2025
(Q1-2025)
| % Change Since: 77.91%|
Next Earnings Date:Aug 05, 2025
Earnings Call Sentiment Negative
The earnings call highlighted improved sales trends in March and strategic inventory management, but was overshadowed by significant revenue declines, increased net losses, and projected continued sales challenges due to macroeconomic conditions.Q1-2025 Updates
Positive Updates
Positive March Sales Trend
March same-store sales were flat versus the prior year, a significant improvement from the double-digit declines earlier in the quarter, aided by late-season positive winter weather.
Strategic Inventory Management
Inventory increased by 6.5% year-over-year, reflecting earlier seasonal merchandise receipts, which helped mitigate near-term tariff impacts and better prepare for spring and summer sales.
Expense Management
Selling and administrative expenses decreased by $0.6 million compared to the prior year, primarily due to reductions in labor costs and credit card fees.
Negative Updates
Significant Revenue Decline
Net sales for the quarter were $175.6 million, down from $193.4 million in the prior year, with same-store sales down 7.8% due to macroeconomic and weather-related challenges.
Decreased Merchandise Margins
Merchandise margins decreased by 78 basis points compared to the prior year, due to product mix shifts and promotional efforts to attract value-conscious consumers.
Increased Net Loss
Net loss for the first quarter was $17.3 million, or $0.78 per basic share, compared to a net loss of $8.3 million, or $0.38 per basic share, in the previous year.
Negative EBITDA
EBITDA was negative $12 million for the first quarter, compared to negative EBITDA of $6.5 million in the first quarter of the previous year.
High Inventory Levels
Merchandise inventory at the end of the first quarter increased by 6.5% year-over-year, leading to higher cash use in operating activities.
Projected Continued Sales Decline
Second quarter same-store sales are expected to be down in the low to mid-single-digit range, with net loss per basic share projected in the range of $0.75 to $0.90.
Company Guidance
In the first quarter of fiscal 2025, Big 5 Sporting Goods reported net sales of $175.6 million, a decrease from $193.4 million in the previous year, with same-store sales down 7.8% compared to fiscal 2024. Notably, winter-related sales plummeted nearly 25% due to unfavorable weather conditions, particularly impacting apparel and footwear, which saw declines of 8.7% and 11.8%, respectively. The company's gross profit for the quarter was $54.3 million, with a gross margin of 30.9%, slightly down from 31.2% in the prior year. Net loss for the quarter was $17.3 million or $0.78 per basic share, worsened by a lack of income tax benefit due to a deferred tax asset valuation allowance. For the second quarter, Big 5 anticipates same-store sales to decline in the low to mid-single-digit range and projects a net loss per basic share between $0.75 and $0.90, influenced by persistent macroeconomic challenges and calendar shifts.Big 5 Sporting Goods Corporate Events
Private Placements and FinancingBusiness Operations and Strategy
Big 5 Sporting Goods Secures Amended Loan Agreement
Positive
Dec 23, 2024
Big 5 Sporting Goods Corporation has entered into a First Amended and Restated Loan Agreement with Bank of America, securing a five-year revolving credit facility with up to $150 million in committed availability, potentially increasing to $200 million. This agreement is expected to provide the company with financial flexibility to navigate the current retail environment and maintain long-term operational stability, with implications for stakeholders including interest rate terms tied to SOFR and a commitment to financial covenants.
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.