Big 5 posts quarterly gains

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