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This annual report outlines Big 5 Sporting Goods Corporation\'s business operations, financial performance, and risk factors for the fiscal year ended December 29, 2019.
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Form 10-K is an annual report that publicly traded companies in the United States are required to file with the Securities and Exchange Commission (SEC). It provides a comprehensive overview of a company's financial performance and operations.
Publicly traded companies in the United States, those with more than $10 million in assets and a class of equity securities that is held by 500 or more persons, are required to file Form 10-K.
Form 10-K is filled out by providing detailed financial statements, management discussion and analysis, risk factors, and other specific disclosures as required by SEC regulations. Companies typically prepare this document with the help of financial and legal advisors.
The purpose of Form 10-K is to provide investors with a detailed annual summary of a company's financial health, operations, risks, and prospects, enabling them to make informed investment decisions.
Form 10-K must report information such as financial statements, management's discussion and analysis, risk factors, business descriptions, legal proceedings, and executive compensation, among others.
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