Big Lots (BIG) Misses Q4 EPS by 15c
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Big Lots Reports Q4 and Full Year Results
March 3, 2022 6:00 AM ESTCOLUMBUS, Ohio, March 3, 2022 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) today reported net income of $49.8 million, or $1.63 per diluted share, for the fourth quarter of fiscal 2021 ended January 29, 2022. This result includes an after tax charge of $3.8 million, or $0.12 per diluted share, associated with store asset impairments. Excluding this charge, adjusted net income was $53.6 million, or $1.75 per diluted share (see non-GAAP table included later in this release), which compares to the company's updated guidance for the fourth quarter, as provided on January 10, 2022, of $1.80 to $1.95 net income per diluted share. Net income for... More
