Big Lots (BIG) Misses Q4 EPS by 13c, Q1 and FY Guidance Misses on Coronavirus
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Big Lots Reports Q4 Results
February 27, 2020 4:05 PM ESTCOLUMBUS, Ohio, Feb. 27, 2020 /PRNewswire/ --Â Big Lots, Inc. (NYSE: BIG) today reported net income of $93.8 million, or $2.39 per diluted share, for the fourth quarter of fiscal 2019 ended February 1, 2020. This result compares to the company's previously communicated guidance of net income of $2.40 to $2.55 per diluted share. Net income for the fourth quarter of fiscal 2018 was $108.0 million, or $2.68 per diluted share.
Net sales for the fourth quarter of fiscal 2019 totaled $1,607 million compared to $1,599 million for the same period last year, with the increase resulting from sales growth in high volume new and... More
