Big Lots (BIG) Misses Q3 EPS by 1c; Updates FY15 EPS Outlook
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Big Lots Reports Third Quarter Adjusted Results Consistent With Guidance
December 4, 2015 6:00 AM ESTCOLUMBUS, Ohio, Dec. 4, 2015 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) today reported a loss from continuing operations of $1.7 million, or $0.03 per share, for the third quarter of fiscal 2015 ended October 31, 2015. This result includes an after tax expense of $1.0 million, or $0.02 per share, associated with the termination of a legacy pension plan. Excluding this expense, adjusted loss from continuing operations totaled $0.7 million, or $0.01 per share (see non-GAAP table included later in this release), which compares to our guidance in the range of a loss of $0.04 per share to income of $0.01... More
Big Lots Announces Quarterly Dividend On Common Stock
December 4, 2015 5:45 AM ESTCOLUMBUS, Ohio, Dec. 4, 2015 /PRNewswire/ --Â Big Lots, Inc. (NYSE: BIG) announced today that, on December 2, 2015, our Board of Directors declared a quarterly cash dividend of $0.19 per common share.
The dividend will be paid on December 31, 2015, to shareholders of record as of the close of business on December 17, 2015.
"I'm pleased with today's announcement of a quarterly dividend," stated David Campisi, Chief Executive Officer and President of Big Lots. "We believe returning cash to our shareholders and enhancing overall financial returns demonstrates the confidence the Board of Directors has in our... More
