Big Lots (BIG) Tops Q1 EPS by 1c; Comps Rose 1.6%

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Big Lots Reports First Quarter Income From Continuing Operations Of $0.60 Per Diluted Share

May 29, 2015 6:00 AM EDT

COLUMBUS, Ohio, May 29, 2015 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) today reported income from continuing operations of $32.3 million, or $0.60 per diluted share, for the first quarter of fiscal 2015 ended May 2, 2015. This result compares to our guidance of income in the range of $0.55 to $0.60 per diluted share and to income from continuing operations of $28.6 million, or $0.50 per diluted share, for the first quarter of fiscal 2014. Comparable store sales for stores open at least fifteen months increased 1.6% for the quarter, compared to our guidance of +1% to +2%. Net sales for the first quarter of fiscal 2015... More