BGFV Falls On Lowered Q2 Guidance

Shares of Big 5 Sporting Goods Corporation BGFV dropped after the El Segundo, California-based company reduced its Q2 earnings outlook due to slow economic recovery and cold weather in West Coast. BGFV’s shares have fallen 29.64% year-to-date and moved down 8.60% over the previous week. Big 5 Sporting Goods’ shares dipped 9.08% to $10.92 at 10:25 am. Read more from Benzinga's Company news.