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    Fitness Retail Growth Continues

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    Oct 28, 2020 | 07:35 pm
    Big 5 Sporting Goods
    Big 5 Sporting Goods

    Big 5 Sporting Goods had its best quarter ever with a 14.8% same store sales increase. The retailer reported $28.4 million in income, up from $6.4 million year-over-year.

    Consumers looking for ways to stay active drove the growth according to CEO and President Steven Miller, who said there was “extraordinary demand” for products related to home fitness and outdoor recreation. Big 5 shares are up more than 148% on the year. 

    The push for at-home workout equipment has had a wide impact across fitness-related industries, ranging from Dick’s Sporting Goods — which saw sales rise 20% year-over-year in its second quarter — to Peloton, which announced its first quarterly profit last month.

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