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.


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