EL SEGUNDO, Calif. (AP) — EL SEGUNDO, Calif. (AP) — Big 5 Sporting Goods Corp. (BGFV) on Tuesday reported a third-quarter loss of $29.9 million, after reporting a profit in the same period a year earlier.
The El Segundo, California-based company said it had a loss of $1.36 per share. Losses, adjusted for non-recurring costs and asset impairment costs, came to 34 cents per share.
The sporting goods retailer posted revenue of $220.6 million in the period.
For the current quarter ending in December, Big 5 expects its results to range from a loss of 77 cents per share to a loss of 59 cents per share.
In the final minutes of trading on Tuesday, the company’s shares hit $1.91. A year ago, they were trading at $7.07.
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