Big Lots Inc (BIG.N) Key Developments | Reuters.com
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Big Lots Inc (BIG.N)

BIG.N on New York Stock Exchange

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24 Jun 2016
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Latest Key Developments (Source: Significant Developments)

Big Lots says qtrly comparable store sales up 3 pct
Friday, 27 May 2016 06:00am EDT 

Big Lots Inc : Sees FY 2016 adjusted non-GAAP earnings per share $3.35 to $3.50 from continuing operations . Q1 adjusted non-GAAP earnings per share $0.82 from continuing operations excluding items . Q1 earnings per share view $0.70 -- Thomson Reuters I/B/E/S . Sees Q2 2016 adjusted non-gaap earnings per share $0.42 to $0.47 from continuing operations . Qtrly comparable store sales increase 3.0 pct . Q1 EPS from continuing operations of $0.79 . Increases outlook for fiscal 2016 adjusted EPS . Inventory ended Q1 of fiscal 2016 at $807 million , compared to $835 million for Q1 of fiscal 2015 . Provides initial Q2 guidance for adjusted income from continuing operations of $0.42 to $0.47 per diluted share . Provides initial Q2 guidance for comparable store sales in range of flattish to an increase of 2 pct . Updates guidance for fiscal 2016 adjusted income from continuing operations to be in range of $3.35 to $3.50 per diluted share (non-GAAP) . Affirms guidance for fiscal 2016 comparable store sales increase in low single digits . Net sales for Q1 of fiscal 2016 increased 2.5 pct to $1,312.6 million . FY earnings per share view $3.30, revenue view $5.23 billion -- Thomson Reuters I/B/E/S . Q2 earnings per share view $0.45, revenue view $1.22 billion -- Thomson Reuters I/B/E/S .Q1 revenue view $1.30 billion -- Thomson Reuters I/B/E/S.  Full Article

Big Lots sets quarterly cash dividend of $0.21/share
Friday, 27 May 2016 05:45am EDT 

Big Lots Inc :Sets quarterly cash dividend of $0.21 per share.  Full Article

Big Lots Inc gives FY, Q1 2016 guidance
Friday, 4 Mar 2016 06:00am EST 

Big Lots Inc:Forecasts FY 2016 adjusted income from continuing operations to be $3.20 to $3.35 per diluted share (non-GAAP).Forecasts FY 2016 comparable store sales to increase in the low single digit range.Estimates FY 2016 adjusted income from continuing operations will be in the range of $3.20 to $3.35 per diluted share (non-GAAP).Estimates Q1 2016 adjusted income from continuing operations in the range of $0.66 to $0.72 per diluted share (non-GAAP).Says this guidance assumes a comparable store sales increase in the low single digit range.  Full Article

Big Lots Inc affirms Q4 2015 outlook; updates FY 2015 income outlook; affirms FY 2015 comparable store sales outlook
Friday, 4 Dec 2015 06:00am EST 

Big Lots Inc:Affirms Q4 2015 guidance for adjusted income from continuing operations of $1.95 to $2.00 per diluted share (non-GAAP).Affirms Q4 2015 guidance for comparable store sales increase in the range of 1% to 2%.Updates outlook for FY 2015 adjusted income from continuing operations to be in the range of $2.95 to $3.00 per diluted share (non-GAAP).Affirms comparable store sales in the range of a low single digit increase for FY 2015.  Full Article

Big Lots Announces Quarterly Dividend On Common Stock
Friday, 4 Dec 2015 05:45am EST 

Big Lots, Inc:declared a quarterly cash dividend of $0.19 per common share.dividend will be paid on December 31, 2015, to shareholders of record as of the close of business on December 17, 2015.  Full Article

Big Lots Inc gives Q3 and Q4 EPS guidance; gives Q3 and Q4 comparable store sales guidance
Friday, 28 Aug 2015 06:00am EDT 

Big Lots Inc:Expects Q3 2015 continuing operations of a loss of $0.04 to income of $0.01 per share.Provides initial Q3 2015 guidance for comparable store sales increase in the range of 2% to 3%.Expects Q4 2015 income from continuing operations of $1.95 to $2.00 per diluted share.Provides initial Q4 2015 guidance for comparable store sales increase in the range of 1% to 2.Q3 2015 EPS of $0.00 - Thomson Reuters I/B/E/S.Q4 2015 EPS of $1.96 - Thomson Reuters I/B/E/S.  Full Article

Big Lots recalls hanging chairs due to fall hazard - CPSC
Wednesday, 3 Jun 2015 08:00pm EDT 

Big Lots Inc:Recalls hanging chairs, which can tip over when they face sideways and swing beyond the base, posing a fall hazard - Consumer Product Safety Commission.This recall involves about 16,000 units of egg-shaped hanging chairs that are made from brown plastic wicker pattern mesh and have red seat cushions. They hang from a chain connected to a black metal pole and U-shaped base.Has received eight reports of the hanging chairs falling in stores with consumers in them, including five reports of minor injuries.  Full Article

Big Lots Inc gives Q2 2015 earnings guidance; updates on FY 2015 earnings guidance; Affirms FY 2015 comparable store sales
Friday, 29 May 2015 06:00am EDT 

Big Lots Inc:Provides initial Q2 2015 guidance for income from continuing operations of $0.31 to $0.35 per diluted share, compared to income from continuing operations of $0.31 per diluted share for the same period last year.Provides Q2 2015 initial guidance for comparable store sales increase in the range of 2 pct. to 3 pct.Updates guidance for FY 2015 income from continuing operations to be in the range of $2.80 to $2.90 per diluted share.Affirms guidance for FY 2015 comparable store sales in the range of a low single digit increase.  Full Article

Big Lots declares quarterly cash dividend
Friday, 29 May 2015 05:45am EDT 

Big Lots Inc:Declared a quarterly cash dividend of $0.19 per common share.The dividend will be paid on June 26, to shareholders of record as of the close of business on June 12.  Full Article

Big Lots Inc gives Q1, FY 2015 comparable store sales outlook; gives Q1, FY 2015 EPS outlook below analysts' estimates
Friday, 6 Mar 2015 06:00am EST 

Big Lots Inc:Expects FY 2015 income from continuing operations to be $2.75 to $2.90 per diluted share representing a 12 to 18 pct increase compared to FY 2014 income from continuing operations of $2.46 per diluted share.Expects FY 2015 comparable store sales to increase in the low single digit range.FY 2015 EPS of $2.94 - Thomson Reuters I/B/E/S.Expects Q1 2015 income from continuing operations in the range of $0.55 to $0.60 per diluted share representing a 10 to 20 pct increase compared to last year's income from continuing operations of $0.50 per diluted share.Assumes a comparable store sales increase in the 1 to 2 pct range in Q1 2015.Q1 2015 EPS of $0.65 - Thomson Reuters I/B/E/S.  Full Article

BRIEF-Big Lots reports Q1 EPS from continuing operations of $0.79

* Inventory ended Q1 of fiscal 2016 at $807 million, compared to $835 million for Q1 of fiscal 2015