Big 5 Sporting Goods (BGFV) Faces 5% Stock Price Drop Amidst Weak Financials

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Nov 13, 2024
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Big 5 Sporting Goods (BGFV, Financial) recently saw a significant stock price decline of 5%, with shares priced at $1.71. Trading volume reached 203,336 shares, featuring a turnover rate of 0.90% and a volatility of 3.89%.

The latest financial report indicated that the company generated revenue of $221 million, but faced a net loss of $29.90 million. The earnings per share were reported at -$1.36, and the gross profit stood at $64.21 million. The current price-to-earnings ratio is at -0.66.

No investment institutions have issued "buy," "hold," or "sell" ratings for BGFV at this time. Within the retail sector, where Big 5 Sporting Goods is categorized, the overall growth was 0.03%. Notable active stocks in this sector included Container Store (The) and Evgo Inc., which saw significant turnover and volatility.

Big 5 Sporting Goods Corp operates primarily in the western United States as a specialty retailer. The company offers a diverse product range, including athletic footwear, apparel, and accessories, along with a variety of outdoor and sports equipment for activities like team sports, fitness, camping, hunting, fishing, tennis, golf, and skating. The company operates retail stores and an e-commerce platform, supported by a distribution center in Riverside, California.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.