Big Lots Reports Record First Quarter EPS From Continuing Operations of $0.79 ($0.82 on an Adjusted Basis)
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MKM Partners Raises Price Target on Big Lots (BIG) to $60 Following 1Q Report
May 31, 2016 7:00 AM EDTMKM Partners reiterated a Buy rating on Big Lots (NYSE: BIG), and raised the price target to $60.00 (from $58.00), following the company's 1Q earnings report. Same-store sales increased 3.0% vs. MKM's 2.0% estimate and were particularly strong in the combined March-April period (up 4%).
Analyst Patrick McKeever... More
Big Lots (BIG) Tops Q1 EPS by 12c; Comps Rose 3.0%; FY16 EPS Outlook Raised
May 27, 2016 6:05 AM EDTBig 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... More
