Big 5 Sporting Goods Corporation reported sales results for the fiscal 2016 fourth quarter and full year ended January 1, 2017. For the 13-week fiscal 2016 fourth quarter, net sales were $266.3 million, compared to net sales of $275.0 million for the 14-week fourth quarter of fiscal 2015.  Same store sales increased 3.1% for the fourth quarter of fiscal 2016.

For the 52-week fiscal 2016 full year, net sales were $1.02 billion, compared to net sales of $1.03 billion for the 53-week fiscal 2015 full year.  Same store sales increased 1.7% for the fiscal 2016 full year.

For the fiscal 2016 fourth quarter, the company now expects to realize earnings per diluted share in the range of $0.34 to $0.35, including approximately $0.01 per diluted share for an anticipated tax benefit related to share-based compensation. The company's previous guidance for the fourth quarter of fiscal 2016 was for earnings per diluted share to be in the range of $0.25 to $0.35. 

For the fiscal 2016 full year, the company now expects to realize earnings per diluted share in the range of
$0.76 to $0.77, including approximately $0.06 per diluted share of charges for store closing costs and the net
write-off of deferred tax assets related to share-based compensation.