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Big 5 posts quarterly gains

Published: August 1, 2013  By: admin, In: News,  1 Comment
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Big 5 Sporting Goods Corp. this week announced that its second-quarter net income increased.

The South Lake Tahoe store is one of two to open this past quarter. Revenue from stores that were open for a year or longer increased 4.4 percent for the quarter ending June 30. This quarter the company plans to open four stores and close one.

The retailer’s net income increased to $6.1 million. That is up from $2.6 million for the same quarter in 2012. Revenue in the same time period was up $239.9 million compared to $226.6 million a year ago.

— Lake Tahoe News staff report

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Comments (1)
  1. tahoeadvocate says - Posted: August 1, 2013

    It’s nice to have activity back on both sides of Hwy 50 at the Y. The other stores in the center have seen increased business since Big 5’s opening.