Big 5 Sports beats by $0.01, misses on revs; guides Q1 EPS above consensus:
- Reports Q4 (Dec) earnings of $0.35 per share, $0.01 better than the Capital IQ Consensus of $0.34; revenues fell 3.2% year/year to $266.3 mln vs the $269.99 mln Capital IQ Consensus.
- Co issues upside guidance for Q1, sees EPS of $0.12-0.18 vs. $0.03 Capital IQ Consensus Estimate.
- For Q1, CO expects same store sales to be in the positive mid-single-digit range and EPS of $0.12-0.18, compared to a same store sales decrease of 1.9% and a loss of $(0.05) per share in the first quarter of fiscal 2016.
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