Big Lots: Q2 adjusted EPS down 10%
(CercleFinance.com) - In its second quarter, retail group Big Lots posted adjusted EPS that is down 10% at 53 cents, well above its target range of 35 cents to 45 cents.
At 1.25 billion dollars, revenue rose by 2.5%, including 1.2% growth at constant stores, in line with its forecast of a low single-digit percentage increase.
For the full year, Big Lots confirms adjusted EPS in a range of 3.70 dollars to 3.85 dollars, for sales at constant stores that are either stable or up in low single digits.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
At 1.25 billion dollars, revenue rose by 2.5%, including 1.2% growth at constant stores, in line with its forecast of a low single-digit percentage increase.
For the full year, Big Lots confirms adjusted EPS in a range of 3.70 dollars to 3.85 dollars, for sales at constant stores that are either stable or up in low single digits.
Copyright (c) 2019 CercleFinance.com. All rights reserved.