Retail Industry
Industry: Email Alert RSS FeedBig 5 Sporting Goods files IPO - Brief Article - Statistical Data Included
DSN Retailing Today, Sept 3, 2001
EL SEGUNDO, CALIF. -- The interest in IPOs is contagious in the sporting goods retailing sector. Following the debut of Plainfield, Ind.-based Galyan's Trading Co. (GLYN) on June 26 at $19 per share, the most recent player to file for an IPO with the Securities and Exchange Commission is California-based Big 5 Sporting Goods.
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At the time of the filing last month, Big 5 did not indicate how many shares it plans to sell or the price range and has not announced a ticker symbol, but said it hopes to be listed on the Nasdaq market. Credit Suisse First Boston is the lead underwriter. Big 5 is a leading sporting goods retailer in the Western states; net sales for 2000 were $571.5 million.
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