Big 5 Sporting Goods | 8-K: FY2025 Q2 Revenue: USD 184.89 M

Revenue: As of FY2025 Q2, the actual value is USD 184.89 M.

EPS: As of FY2025 Q2, the actual value is USD -1.11.

EBIT: As of FY2025 Q2, the actual value is USD -18.85 M.

Segment Revenue

• Net sales for the fiscal 2025 second quarter were $184.9 million, a decrease from $199.8 million in the second quarter of fiscal 2024.

Operational Metrics

• Gross profit for the fiscal 2025 second quarter was $52.2 million, down from $58.7 million in the prior year, with a gross profit margin of 28.2% compared to 29.4%.
• Net loss for the second quarter of fiscal 2025 was - $24.5 million, or - $1.11 per basic share, compared to a net loss of - $10.0 million, or - $0.46 per basic share, in the second quarter of fiscal 2024.
• Adjusted EBITDA was - $14.7 million for the second quarter of fiscal 2025, compared to - $8.7 million in the prior year period.

Cash Flow

• The company ended the fiscal 2025 second quarter with $71.4 million of borrowings under the $150.0 million credit facility and a cash balance of $4.9 million.

Unique Metrics

• Selling and administrative expenses increased by $3.2 million from the prior year, primarily due to legal and other third-party expenses related to the merger proposal, higher employee benefit-related expenses, and store asset impairment charges.

Outlook / Guidance

• The company is progressing towards a go-private transaction with Worldwide Golf and Capitol Hill Group, expected to close in the second half of 2025, subject to customary closing conditions and stockholder approval. The transaction is anticipated to maximize value for stockholders and position Big 5 for future success.