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Article Date: January 2022
Word Count: 194

Big 5 Has Strong Q4, Sets Record 2021


Revenues in the final quarter declined 6% to $273.4 million compared to $290.6 million in the 14-week fourth quarter of fiscal 2020, powering the 431-door retailer towards a record year. Same store sales increased 0.2% in Q4 on a comparable 13-week basis, and jumped 10.6% compared to 2019. BGFV now expects earnings of $0.84 to $0.86 per share in the Holiday quarter, exceeding its earlier guidance of $0.55 to $0.70, helped by merchandise margins that expanded by 194 basis points. BGFV ended FY21 with no borrowings under its credit facility and with cash and cash equivalents of ... Log in to view full article.

 


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