Big Lots (BIG) Tops Q3 EPS by 5c; Boosts FY16 EPS Outlook
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Big Lots Reports Q3 EPS From Continuing Operations of $0.03, $0.04 on an Adjusted Basis
December 2, 2016 6:00 AM ESTCOLUMBUS, Ohio, Dec. 2, 2016 /PRNewswire/ --Â Big Lots, Inc. (NYSE: BIG) today reported income from continuing operations of $1.4 million, or $0.03 per diluted share, for the third quarter of fiscal 2016 ended October 29, 2016. This result includes an after tax expense of $0.5 million, or $0.01 per diluted share, associated with legacy pension plans which have been terminated. Excluding this expense, adjusted income from continuing operations totaled $1.9 million, or $0.04 per diluted share (see non-GAAP table included later in this release), which compares to our guidance for continuing operations in the range of an adjusted loss of $0.04 per... More
Big Lots Announces Quarterly Dividend On Common Stock
December 2, 2016 5:46 AM ESTCOLUMBUS, Ohio, Dec. 2, 2016 /PRNewswire/ --Â Big Lots, Inc. (NYSE: BIG) announced today on November 30, 2016 our Board of Directors declared a quarterly cash dividend of $0.21 per common share.
The dividend will be paid on December 30, 2016, to shareholders of record as of the close of business on December 16, 2016.
"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 management... More
