Big Lots, Inc. (BIG) Tops Q3 EPS by 8c; U.S. Comps Up 1.7%; Raises FY11 Outlook, Guides Q4 EPS

December 2, 2011 6:25 AM EST
Big Lots, Inc. (NYSE: BIG) reported Q3 EPS of $0.17, $0.08 better than the analyst estimate of $0.09. Revenue for the quarter came in at $1.14 billion versus the consensus estimate of $1.13 billion.

Comparable store sales for U.S. stores increased 1.7%.

Big Lots, Inc. sees FY2011 EPS of $2.85-$2.92, versus prior guidance of $2.80-$2.90 and the consensus of $2.90.

Big Lots, Inc. sees Q4 2011 EPS of $1.59-$1.66, versus the consensus of $1.63.


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