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Benzinga says BGFV beat sales estimates while Marketwatch says they missed sales estimates.

1. Big 5 Sporting Goods Q3 EPS $1.31 Up From $0.30 YoY, Sales $304.96M Beat $265.99M Estimate

4:15 pm ET October 27, 2020 (Benzinga)

Big 5 Sporting Goods (NASDAQ:BGFV) reported quarterly earnings of $1.31 per share. This is a 336.67 percent increase over earnings of $0.30 per share from the same period last year. The company reported quarterly sales of $304.96 million which beat the analyst consensus estimate of $265.99 million by 14.65 percent. This is a 14.58 percent increase over sales of $266.15 million the same period last year.


2. Big 5 stock falls after Q3 results, dividend increase

4:33 pm ET October 27, 2020 (MarketWatch)

Shares of Big 5 Sporting Goods Corp. (BGFV) fell more than 9% in the extended session Tuesday after the retailer reported fiscal 2020 third-quarter sales below Wall Street expectations, but which the company called the "strongest" in memory. Big 5 earned $28.4 million, or $1.31 a share, in the quarter, compared with $6.4 million, or 30 cents a share, in the third quarter of fiscal 2019. Sales rose to $305 million, compared with $266 million a year ago. Same-store sales rose 15% for the quarter, the company said. FactSet consensus called for sales of $313 million in the quarter. There was no consensus for GAAP EPS available on FactSet. "I am pleased to report an exceptional third quarter, which represents the strongest sales and earnings performance in our 65-year history," Chief Executive Steven G. Miller said in a statement. The retailer's products resonated "with consumers who are looking for ways to stay healthy and active." The company ended the quarter with no borrowings and nearly $56 million in cash, it said. As a result, its board authorized a dividend increase to 10 cents a share from 5 cents a share, payable Dec. 15 to stockholders of record as of Dec. 1, it said.

CC replay can be found here: BGFV webcast