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Steven G Miller | News, Sports, Jobs

Big 5 Q4 Comparable Sales Jump 10 5%

Jan 13, 2021 SPONSOR Big 5 Sporting Goods Corporation (Nasdaq: BGFV) (the “Company,” “we,” “our,” “us,” “Big 5”), a leading sporting goods retailer, today reported sales results for the fiscal 2020 fourth quarter and full year ended January 3, 2021. For the 14-week fiscal 2020 fourth quarter, net sales were $290.5 million compared to net sales of $244.1 million for the 13-week fourth quarter of fiscal 2019. Same store sales increased 10.5% for the fourth quarter of fiscal 2020. The Company’s merchandise margins increased by approximately 240 basis points for the fourth quarter of fiscal 2020 compared to the fourth quarter of fiscal 2019. Preliminary selling, general & administrative (“SG&A”) expenses as a percentage of net sales decreased by approximately 470 basis points for the fourth quarter of fiscal 2020 versus the prior year period.

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