Bill Peters is a Los Angeles-based MarketWatch reporter who covers earnings.
Shares of Big 5 Sporting Goods Corp.
slid 13% after hours on Tuesday after the sporting-goods retailer forecast a net loss and a drop in same-store sales for its fourth quarter, citing expectations that “macroeconomic headwinds will continue to impact discretionary consumer spending.” The company said it expected fourth-quarter same-store sales to fall “in the high single-digit to low double-digit range.” Big 5 said it expected to lose 20 cents to 35 cents a share during the period.
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