Big 5 had been one of the biggest winners during the pandemic as its stock rose more than 5,000% from trough to peak. While the business is still executing effectively, comparisons are starting to get difficult, especially on the bottom line, as it laps last year's blowout growth. Jeremy Bowman has no position in any of the stocks mentioned.
Who is the CEO of the Big 5?
Steven G. Miller is the chairman, president, and CEO. The name Big 5 is derived from the first five stores that were opened in California. Sportswest and Sportsland were acquired from Pay 'n Save in May 1988.
How many Big 5 stores are in the US?
Big 5 Sporting Goods is a sporting goods retailer headquartered in El Segundo, California with 434 stores in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington and Wyoming.
What are the Big Five and why do they matter?
Hiring, training, coaching, firing, and cleaning up the mess of a bad employee take a lot of time and cost a lot of money. Using The Big Five as a means to evaluate a job candidate’s fit BEFORE hiring can significantly decrease the time and money spent on staffing.
Where did the Big 5 get its name?
The name Big 5 is derived from the first five stores that were opened in California. Sportswest and Sportsland were acquired from Pay 'n Save in May 1988. A list of major competitors can be found on this list of sporting goods retailers of the United States .
Does Big 5 still exist?
Big 5 Sporting Goods is a sporting goods retailer headquartered in El Segundo, California with 434 stores in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington and Wyoming. Steven G.
Did Big 5 go out of business?
Big 5 has done incredibly well in 2020 and proves that brick and mortar stores do have a place in the post-COVID world. The increases in sales and improvements in gross margins are due to the company being able to use its competitive advantage to capitalize on the current situation.
Who bought big 5?
Leonard Green & PartnersBig 5 Is Acquired By Leonard Green & Partners in 1992 Robert Miller continued as CEO and Chairman of Big 5, while his son, Steven, was named President and Chief Operating Officer.
How many Big 5 are there?
429 storesBig 5 Sporting Goods is a leading sporting goods retailer in the western United States, operating 429 stores as of July 4, 2021. Our established markets are California, Washington, Arizona, Oregon, Colorado, Utah, New Mexico, Nevada, Idaho, Texas, and Wyoming.
Is Big 5 a good stock to buy?
Consensus Rating. Big 5 Sporting Goods has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
How many Big 5 stores are there in California?
222Number of Big 5 Sporting Goods stores in the United States as of 2022, by stateCharacteristicNumber of storesCalifornia222Washington46Arizona41Oregon297 more rows
Why is it called Big 5?
The term “Big Five” originally referred to the difficulty in hunting the lion, leopard, rhino, elephant and African buffalo. These five large African mammal species were known to be dangerous and it was considered a feat by trophy hunters to bring them home.
Who is the CEO of Big 5?
Steven G Miller (2000–)Big 5 Sporting Goods / CEO
How Long Has Big 5 been around?
Big 5 Founded in 1955 Big 5's parent company was formed in September 1955 as United Merchandising Corp. by Maurie and Harry Liff and the company's current Chairman Emeritus Robert W. Miller. They opened five stores in downtown Los Angeles, Burbank, Inglewood, Glendale, and San Jose.
Why is the Big 5 so important?
These animals were named the “Big 5” because they are not only among the most poached animals, but also the most difficult and dangerous to hunt on foot. These five large African mammal species were known to be treacherous and it was considered a feat by trophy hunters to bring them home.
Where can you see the Big Five?
Best safari destinations to spot the Big 5 animalsSouth Africa - Kruger National Park. ... Tanzania – Serengeti and Ngorongoro Crater. ... Namibia – Etosha National Park and the Waterberg Plateau Park. ... Botswana – Moremi Game Reserve & Chobe National Park.
Which animal is not part of the Big 5?
African buffalo It is the only animal among the Big Five that is not on the “endangered” or “threatened” list. The Cape buffalo (Syncerus caffer caffer) is considered by many to be the most dangerous to hunters of any of the Big Five: Wounded buffalos have reportedly been known to ambush and attack their pursuers.
What is Big 5?
Just a brief background on the company, Big 5 is a sporting goods retailer focused on 11 western US states. The company describes itself as a “Neighborhood full-line sporting goods retailer” and its product mix includes the typical sporting goods products like athletic shoes, apparel, and accessories as well as outdoor equipment for camping, etc.
What is the advantage of Big 5?
Big 5’s main advantage is its inventory management as they can get the right product at the right time. The company has a flexible store format where they sell a wide variety of goods not focusing on any particular product line. This gives Big 5 the agility to capitalize on product trends.
How much did the company's revenue increase in Q4 2020?
Earnings Analysis. In Q4 2020 revenue increased 19% from $244.1 million in Q4 2019 to $290.5 million. Even more impressive was that same-store sales, which excludes the impact of new stores, rose by 10.5% indicating healthy underlying demand for the company’s products.
Why was FY20 so extraordinary?
While the trend has been up, FY20 was clearly an extraordinary year due to COVID, civil unrest, and a horrific political environment. Firearms have generally been about 5% of their business. It was much higher than that this year and even management doesn't know how long this can last.
Will the Big 5 take advantage of the pent up demand?
Investor Takeaway. In the coming year, Big 5 may be able to take advantage of “pent-up demand” by once again using their know-how to manage inventory. For example, Team Sports Apparel isn’t popular now but could skyrocket in popularity upon full re-opening.
Is Big 5 doing well in 2020?
Summary. Big 5 has done incredibly well in 2020 and proves that brick and mortar stores do have a place in the post-COVID world. The increases in sales and improvements in gross margins are due to the company being able to use its competitive advantage to capitalize on the current situation. I don’t believe the current high margins are sustainable ...
Does Big 5 have debt?
Big 5 has no debt but we still need to subtract capital leases of $233.7 million and add back cash of $55.7 million to get the equity value of $334 million. Dividing the equity value with the number of shares gives me a price target for Big 5 of $15.67 which right about where the market is trading at.
What is the Big Five?
The Big Five ( Hawaiian: Nā Hui Nui ʻElima) was the name given to a group of what started as sugarcane processing corporations that wielded considerable political power in the Territory of Hawaii during the early 20th century and leaned heavily towards the Hawaii Republican Party.
Who owns Castle and Cooke?
Castle & Cooke merged with Flexi-Van Corporation, owned by David H. Murdock, in 1985. Murdock became its chairman after the merger, then took full control in 2000. It still owns large portions of Central Oʻahu and the Iwilei area of Honolulu around the former Dole Food Company pineapple cannery.
