Big 5 Sporting Goods Corp. said its normalized net income for the fiscal fourth quarter ended Jan. 3 was 21 cents per share, compared with the S&P Capital IQ consensus estimate of 18 cents per share.
EPS climbed 24.0% year over year from 17 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $4.7 million, a gain of 22.4% from $3.8 million in the fourth quarter ended Dec. 28, 2014.
The normalized profit margin increased to 1.7% from 1.5% in the year-earlier period.
Total revenue increased 9.9% on an annual basis to $275.0 million from $250.3 million, and total operating expenses climbed 9.5% on an annual basis to $267.0 million from $243.8 million.
Reported net income rose 52.4% from the prior-year period to $4.4 million, or 20 cents per share, from $2.9 million, or 13 cents per share.
For the year, the company's normalized net income totaled 73 cents per share, compared with the S&P Capital IQ consensus normalized EPS estimate of 74 cents.
EPS was 74 cents in the prior year.
Normalized net income was $16.1 million, a decline from $16.3 million in the prior year.
Full-year total revenue increased 5.2% from the prior-year period to $1.03 billion from $977.9 million, and total operating expenses increased 5.4% on an annual basis to $1.00 billion from $950.1 million.
The company said reported net income grew on an annual basis to $15.3 million, or 70 cents per share, in the full year, from $14.8 million, or 67 cents per share.