Big 5 Q4 2007 earnings in line with revised guidance
01 Mar '08
2 min read
Net income for the fourth quarter of fiscal 2007 was $6.2 million, or $0.28 per diluted share, compared to net income of $9.6 million, or $0.42 per diluted share, for the fourth quarter of fiscal 2006.
For the fiscal 2007 full year ended December 30, 2007, net sales increased $21.5 million, or 2.5%, to $898.3 million from net sales of $876.8 million for fiscal 2006. Same store sales decreased 1.0% in the fiscal 2007 full year versus the prior year.
Net income was $28.1 million, or $1.25 per diluted share, for the fiscal 2007 full year, compared to net income of $30.8 million, or $1.35 per diluted share, in the fiscal 2006 full year.