Quarterly Cash Dividend
The Company's Board of Directors has declared a quarterly cash dividend of $0.05 per share of outstanding common stock, which will be paid on June 15, 2010 to stockholders of record as of June 1, 2010.
Guidance
For the fiscal 2010 second quarter, the Company expects same store sales in the positive low single-digit range and earnings per diluted share in the range of $0.24 to $0.30. For comparative purposes, the Company's earnings per diluted share for the second quarter of fiscal 2009 were $0.22.
Store Openings
During the first quarter, the Company opened two new stores and relocated one store. The Company ended the fiscal 2010 first quarter with 386 stores, and anticipates opening between 10 and 15 new stores, net of relocations, during fiscal 2010.
Big 5 Sporting Goods Corporation