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cliffvb

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cliffvb

Re: None

Tuesday, 10/27/2020 5:40:04 PM

Tuesday, October 27, 2020 5:40:04 PM

Post# of 113909
BGFV Big headline by an editor of SA says:

Big 5 Sporting Goods misses on revenue
Oct. 27, 2020 4:24 PM ET|About: Big 5 Sporting Goods Cor... (BGFV)|By: Shweta Agarwal, SA News Editor
Big 5 Sporting Goods (NASDAQ:BGFV): Q3 GAAP EPS of $1.31.

Revenue of $304.96M (+14.6% Y/Y) misses by $7.55M.

Same store sales +14.8%

(End of story)

My comments:

On their Q2 report, BGFV guided for a revenue increase of 14-20%. So while it was closer to the lower end of their estimate it was within their target range.

The SA editor could have just as easily said that the earnings beat the average estimate by 14% or 16c. He should at least have said that earnings were a beat and by how much.

Apparently he favors the shorts.
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