Big Lots: Q4 EPS down 11%

(CercleFinance.com) - The distribution group Big Lots has published Q4 adjusted EPS that is down 11% at 2.
39 dollars, a level that is slightly below its target range of 2.40-2.55 dollars.

At just under 1.61 billion dollars, quarterly sales remained sluggish as reported (+0.1%), although fell by 0.9% at constant stores, while it anticipated a slight improvement.

Big Lots thus reports FY 2019 adjusted EPS of 3.67 dollars, and expects 3.20-3.40 dollars for 2020, a forecast that does not take into account the impact coronavirus beyond Q1.



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