UPDATE 2-Big 5 Sporting Q1 profit beats estimates

* Q1 EPS 13 cents vs est 6 cents

* Q1 rev $210.3 mln vs est $201.4 mln

* Sees Q2 EPS of $0.10-$0.18

* Sees FY09 capex between $7 mln-$9 mln

(Recasts; adds conference call details)

April 30 (Reuters) - Big 5 Sporting Goods Corp (BGFV.O) posted better-than-expected quarterly profit on lower expenses, and forecast second-quarter earnings above market expectations.

For the second quarter, the company expects earnings of 10 cents to 18 cents a share, and expects same-store sales to range between flat and low-single digit.

Analysts expect the sporting goods retailer to earn 1 cent a share, before special items, according to Reuters Estimates.

The company said it plans to open one new store during the second quarter, and expects the number of new store openings in fiscal 2009 to remain "substantially" lower than fiscal 2008.