Big 5 Sporting Goods Corp. said its normalized net income for the fiscal first quarter ended March 29 was 12 cents per share, compared with the S&P Capital IQ consensus estimate of 11 cents per share.
EPS increased 27.6% year over year from 9 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $2.6 million, an increase of 26.3% from $2.1 million in the year-earlier period.
The normalized profit margin increased to 1.1% from 0.9% in the year-earlier period.
Total revenue rose 5.3% year over year to $243.6 million from $231.3 million, and total operating expenses climbed 5.0% on an annual basis to $238.9 million from $227.5 million.
Reported net income grew 20.9% year over year to $2.4 million, or 11 cents per share, from $2.0 million, or 9 cents per share.
