Big Lots Reports Second Quarter Adjusted Income From Continuing Operations Of $0.40 Per Diluted Share
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Wedbush Remains Bullish on Big Lots (BIG) Following 2Q EPS Beat
August 31, 2015 9:22 AM EDTWedbush reiterated an Outperform rating and $58.00 price target on Big Lots (NYSE: BIG) following the company's 2Q15 earnings results. Adjusted EPS was reported at $0.40 vs. $0.31 last year, and was above guidance for $0.31-$0.35 and consensus' $0.34. Management raised guidance for 2015 EPS to $2.90-$3.00, from $2.80-$2.90,... More
Analyst Warns of Short Squeeze in Big Lots (BIG)
August 28, 2015 7:58 AM EDTBig Lots (NYSE: BIG) could see a short squeeze following its Q2 beat and raise, said analyst Paul Trussell of Deutsche Bank.
Trussell commented, "BIG has undergone a major transformation leading to consistent sales gains, reduced markdowns, a leaner cost structure, and... More
Big Lots (BIG) Declares $0.19 Quarterly Dividend; 1.8% Yield
August 28, 2015 6:12 AM EDTBig Lots (NYSE: BIG) declared a quarterly dividend of $0.19 per share, or $0.76 annualized.
The dividend will be payable on September 25, 2015, to stockholders of record on September 11, 2015, with an ex-dividend date of September 9, 2015.
The annual yield on the dividend is 1.8... More
Big Lots (BIG) Tops Q2 EPS by 6c
August 28, 2015 6:02 AM EDTBig Lots (NYSE: BIG) reported Q2 EPS of $0.40, $0.06 better than the analyst estimate of $0.34. Revenue for the quarter came in at $1.21 billion versus the consensus estimate of $1.2 billion.
Comparable store sales for stores open at least fifteen months increased 2.8% for the second quarter... More
