BGF Retail plunges nearly 5% as founding family sells 998,580 shares

Verifying
  • BGF Retail shares fell after founding-family members disclosed large-scale disposals.
  • Related parties sold 998,580 shares this year, equal to approximately 5.8% of outstanding stock.
  • Analysts raised earnings expectations as second-quarter operating profit increased 22.3% year over year.
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