Big 5 Goes Public in 2002
In June 2002, Big 5 held an initial public offering (IPO), resulting in over $100 million being raised to finance future growth. Management planned to continue our strategy of controlled expansion, especially in markets beyond California. To accommodate this growth, in 2005 Big 5 opened a nearly one million square foot automated, state-of-the-art distribution center in Riverside, California. Today, Big 5 Sporting Goods continues to grow and prosper by maintaining our core strategy of providing convenient shopping and low prices.