Big 5 Sporting Goods Corporation (BGFV) Q3 2024 Earnings Call Transcript Summary
Big 5 Sporting Goods Corporation (BGFV) Q3 2024 Earnings Call Transcript Summary
Net loss for Q3 2024 was $29.9 million or $1.36 per basic share, impacted by non-cash charges, compared to a net profit of $1.9 million or $0.08 per diluted share in Q3 2023.The following is a summary of the Big 5 Sporting Goods Corporation (BGFV) Q3 2024 Earnings Call Transcript:
以下是big 5体育用品公司（BGFV）2024年第三季度业绩会成绩单摘要：
Financial Performance:
金融业绩：
Q3 2024 reported net sales were $220.6 million, down from $239.9 million in Q3 2023 with same-store sales decreasing 7.5%.
Gross profit for Q3 2024 was $64.2 million with a gross profit margin of 29.1%, compared to $79.6 million and a margin of 33.2% in Q3 2023.
Net loss for Q3 2024 was $29.9 million or $1.36 per basic share, impacted by non-cash charges, compared to a net profit of $1.9 million or $0.08 per diluted share in Q3 2023.
2024年第三季度净销售额为22060万美元，低于2023年第三季度的23990万美元，同店销售下降了7.5%。
2024年第三季度毛利润为6420万美元，毛利润率为29.1%，相比于2023年第三季度的7960万美元和33.2%的毛利润率有所下降。
2024年第三季度净亏损为2990万美元，基本每股1.36美元，受非现金费用影响，而2023年第三季度净利润为190万美元，每股摊薄收益为0.08美元。
Business Progress:
业务进展：
Inventory at the end of Q3 2024 was down by 8.7% year-over-year, reflecting efforts to align inventories with current sales performance.
Plans include opening 3 new stores and closing 11 stores by the end of fiscal 2024, reaching a total of 422 stores.
2024年第三季度末存货同比下降了8.7%，反映出努力调整存货以适应当前销售表现。
计划包括在2024财年结束时开设3家新店铺，并关闭11家店铺，总计达到422家店铺。
Opportunities:
机会：
Adjustments to promotional strategies ahead of Thanksgiving aim to energize sales reflecting a flexible and responsive retail strategy in challenging times.
在感恩节前调整促销策略旨在激发销售，反映出在挑战时期中的灵活和响应敏捷的零售策略。
Risks:
风险：
Continued economic headwinds influencing consumer spending persist.
Expectation of same-store sales in Q4 2024 to range from positive to negative low single digits due to ongoing macroeconomic challenges.
持续的经济逆风影响消费者支出仍在持续。
由于持续存在的宏观经济挑战，预计2024年第四季度同店销售将在正数与负数低个位数之间波动。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由AI生成。文章内容的准确性无法完全保证。有关更全面的详细信息，请参阅IR网站。本文只是为投资者提供参考，没有任何指导或推荐建议。
