Big 5 (BGFV) Q2 Revenue Drops 7.5%
Big 5 Sporting Goods (NASDAQ:BGFV), a western U.S. sporting goods retailer known for its mix of athletic footwear, apparel, and outdoor equipment, reported results for its fiscal second quarter after the bell on July 29, 2025. The company missed both its own lowered targets for sales and earnings. Revenue slipped to $184.9 million, a 7.5% drop compared to the second quarter of fiscal 2024. Diluted loss per share (GAAP) deteriorated to $1.11, much wider than the previously expected GAAP net loss of $0.75 to $0.90 per share. The quarter underscores the business’s pressured position, as shrinking sales and higher costs weighed heavily on performance. Leadership declared the results “reflect the challenging macroeconomic and geopolitical environment affecting consumer discretionary spending.” With few signs of stabilization, Big 5 also announced a go-private transaction, signaling a likely exit from public markets.
Big 5’s core business revolves around retailing sporting goods, with locations concentrated in the western United States. Its product assortment includes athletic shoes, sports apparel, accessories, and a wide range of outdoor equipment. It offers both leading national brands and its own private label goods, though private label sales typically make up a modest share of overall revenue.
The company’s recent strategy has focused on managing its store footprint, optimizing underperforming locations, and maintaining stable inventory levels in response to uncertain demand. Big 5 has prided itself on vendor relationships and the ability to provide value pricing, but rising expenses and falling sales have shifted attention to cost control and cash preservation. The move toward closing stores and pausing new openings reflects a retrenchment strategy. Key success factors remain the ability to adapt to evolving retail trends, engage customers in-store and online, and manage expenses as margins face persistent pressure.
Source Fool.com
