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.
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