On Nov. 6, Big 5 Sporting Goods (NASDAQ:BGFV) released third-quarter earnings for the period ended Oct 1.

  • Net sales increased by $16.4 million, or 7.9%, to $223.3 million, because of a 3.8% increase in same-store sales for the third quarter.

  • The gross margin decreased to 34.8%, primarily because of higher distribution-center costs.

  • Twelve of 13 investors think Big 5 will outperform the S&P 500 in our Motley Fool CAPS rating service. What do you think?

(Figures in millions, except per-share data)

Income Statement Highlights

Q3 2006

Q3 2005

Change

Sales

$223.3

$206.8

7.9%

Net Profit

$7.8

$7.2

8.1%

EPS

$0.34

$0.32

6.3%

Diluted Shares

22.8

22.8

(0.1%)



Get back to basics with a look at the income statement.

Margin Checkup

Q3 2006

Q3 2005

Change*

Gross Margin

34.8%

35.6%

(0.8)

Operating Margin

6.6%

5.8%

0.8

Net Margin

3.5%

3.5%

0.0

*Expressed in percentage points.

Margins are the earnings engine. See how they work.

Balance Sheet Highlights

Assets

Q3 2006

Q3 2005

Change

Cash + ST Invest.

$4.9

$5.2

(7.5%)

Accounts Rec.

$4.3

$4.2

4.4%

Inventory

$240.8

$229.2

5.1%



Liabilities

Q3 2006

Q3 2005

Change

Accounts Payable

$99.9

$102.2

(2.3%)

Long-Term Debt

$96.7

$93.4

3.5%



Learn the ways of the balance sheet.

Cash Flow Highlights

YTD 2006

YTD 2005

Change

Cash From Ops.

$17.1

$14.6

17.3%

Capital Expenditures

$10.2

$25.1

(59.4%)

Free Cash Flow

$6.9

($10.5)

N/A



Find out why Fools always follow the money.

Related Companies:

  • Hibbett Sporting Goods (NASDAQ:HIBB)
  • Golf Galaxy (NASDAQ:GGXY)
  • Golfsmith International (NASDAQ:GOLF)

Related Foolishness:

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