Big 5 experiences unfavorable winter weather

13 Jan '10

4 min read

Mr. Miller continued, "During the fourth quarter, we continued to successfully manage expenses and inventories. We also further strengthened our balance sheet, as our positive cash flow allowed us to reduce borrowings under our credit facility by 43% to $55.0 million at year-end from $96.5 million at the end of last year."

The Company expects to issue earnings results for the fiscal 2009 fourth quarter and full year, as well as provide guidance for fiscal 2010, by the first week of March.

Big 5 is a leading sporting goods retailer in the western United States, operating 384 stores in 11 states under the "Big 5 Sporting Goods" name. Big 5 provides a full-line product offering in a traditional sporting goods store format that averages 11,000 square feet. Big 5's product mix includes athletic shoes, apparel and accessories, as well as a broad selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, snowboarding and in-line skating.

Big 5 Sporting Goods Corporation

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