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Top Performer for Thurs: Big 5 Sporting Goods (BGFV) – Zacks #1 Rank Top Performers
James Giaquinto (November 5th, 2009) Writes:
Big 5 Sporting Goods Corporation (BGFV) announced a big third-quarter report earlier this week that has led to increased earnings estimates in the past several days.
< ?DART(15);?> The sporting goods retailer also set down a fourth-quarter earnings guidance above the Zacks Consensus Estimate, which has also taken a turn higher lately.
Today, shares of Big 5 are up approximately 10%, making it a top-performing Zacks #1 Rank stock. Volume at around 165,000 shares is above the daily average at 153,000.
As of its quarterly report on Nov 3, Big 5 operated 382 stores in 11 states, providing a product mix that includes athletic shoes, apparel and accessories, outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, snowboarding and in-line skating.
Out of 230 stocks on today's Zacks #1 Rank List, Big 5 is one of only 2 companies
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