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Big 5 Sporting Goods Q2 earnings flat

8/6/2010

El Segundo, Calif. Big 5 Sporting Goods Corp. reported second-quarter sales and earnings growth roughly flat with the year-ago period, as a sluggish economy and unseasonably cool weather in many of the its markets curbed shoppers' spending.

The chain said late Thursday that earnings edged up to $4.8 million for the three months ended July 4 from $4.7 million a year ago.

Net sales inched up to $219.8 million from $216 million as a result of two new store openings. Same-store sales dipped 0.5%.

 

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