Big Lots (BIG) Tops Q4 EPS by 1c; Guides FY15 EPS Below Consensus
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Big Lots Reports Q4 Income From Continuing Operations Of $1.76 Per Share As Comparable Store Sales Increase 2.9%
March 6, 2015 6:00 AM ESTCOLUMBUS, Ohio, March 6, 2015 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) today reported income from continuing operations of $94.0 million, or $1.76 per diluted share, for the fourth quarter of fiscal 2014 ended January 31, 2015. This result compares to our guidance of income of $1.70 to $1.80 per diluted share and to income from continuing operations of $84.2 million, or $1.45 per diluted share, for the fourth quarter of fiscal 2013. Net sales for the fourth quarter of fiscal 2014 increased 1.4% to $1,593.3 million, compared to net sales from continuing operations of $1,571.9 million for the same period of fiscal 2013. Comparable store... More
Big Lots Announces 12% Increase In Quarterly Dividend On Common Stock
March 6, 2015 5:45 AM ESTCOLUMBUS, Ohio, March 6, 2015 /PRNewswire/ --Â Big Lots, Inc. (NYSE: BIG) announced today that, on March 4, 2015, our Board of Directors increased the Company's quarterly dividend payment rate by approximately 12%, declaring a quarterly cash dividend of $0.19 per common share for the first quarter of fiscal 2015.
The dividend will be paid on April 3, 2015, to shareholders of record as of the close of business on March 20, 2015.
"I'm very pleased with today's announcement of an increase in our quarterly dividend," stated David Campisi, Chief Executive Officer and President of Big Lots. "It's the... More
