- Reports Same Store Sales Increase of 1.4%
- Achieves Third Quarter Earnings per Diluted Share of $0.41 (Including a Net Charge of $0.04 per Diluted Share for Legal Matters)
- Declares Quarterly Cash Dividend of $0.10 per Share
Big 5 Sporting Goods' (BGFV) stock rating was increased to 'buy' at Deutsche Bank based on its higher earnings power.
Shares of Dick's Sporting Goods are sliding after Morgan Stanley downgraded the stock to Underweight, citing the damage square footage growth is inflicting on the company's return on invested capital.