Big Lots (NYSE: BIG) reported Q1 EPS of $0.82, $0.12 better than the analyst estimate of $0.70. Revenue for the quarter came in at $1.31 billion versus the consensus estimate of $1.3 billion.

Comparable store sales for stores open at least fifteen months increased 3.0% for the quarter, compared to our guidance of an increase in the low single digits.

GUIDANCE:

Big Lots sees FY2016 EPS of $3.35-$3.50, versus the consensus of $3.30.

For earnings history and earnings-related data on Big Lots (BIG) click here.

Earnings Guidance Retail Sales

MKM Partners Raises Price Target on Big Lots (BIG) to $60 Following 1Q Report May 31, 2016 7:00 AM Big Lots Reports Record First Quarter EPS From Continuing Operations of $0.79 ($0.82 on an Adjusted Basis)May 27, 2016 6:00 AM Big Lots (BIG) Declares $0.21 Quarterly Dividend; 1.9% YieldMay 27, 2016 5:56 AM Big Lots Announces Quarterly Dividend On Common StockMay 27, 2016 5:45 AM Options straddle prices into quarterly results and outlookMay 26, 2016 3:42 PM