Big 5 Sporting Goods Corporation provided earnings guidance for the first quarter of 2024. For the quarter, the company expects same store sales to decrease in the low double-digit range compared to the fiscal 2023 first quarter. The Company?s same store sales guidance reflects an expectation that macroeconomic headwinds will continue to impact discretionary consumer spending over the balance of the first quarter.

Fiscal 2024 first quarter net loss per basic share is expected in the range of $0.30 to $0.40, which compares to fiscal 2023 first quarter earnings per diluted share of $0.01.