Big 5 2Q income, comps down
EL SEGUNDO, Calif. Big 5 Sporting Goods reported that net sales for its second quarter were $209 million, compared to net sales of $217.8 million for the second quarter of fiscal 2007. Same-store sales declined 7.6% for the second quarter, primarily due to a mid-single digit decrease in customer traffic and continued weakness in the roller shoe product category.
Net income for the second quarter of fiscal 2008 was $1.7 million, or 8 cents per diluted share, compared to net income of $5.9 million, or 26 cents per diluted share, for the second quarter of fiscal 2007.