Big 5 Sporting Goods, headquartered in El Segundo, California, operates approximately 430 stores and an e-commerce platform, offering a wide range of athletic and outdoor products. The company, employing 7,900 people, went public in 2002.
BGFV has been in the news recently: Dick's Sporting Goods plans to acquire Foot Locker for $2.4 billion to enhance its international presence and strengthen its position in the Nike sneaker market, despite TD Cowen labeling the move a "strategic mistake." Meanwhile, Telsey Advisory Group has raised Foot Locker's price target from $20 to $24, maintaining a Market Perform rating.
📡️ Consumer Discretionary
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