Stocks and Finance

Big Lots

Big Lots 5/23/2012

05:51 : Big Lots 1st-quarter net off 22%, sales up 5.5% - TEL AVIV (MarketWatch) -- Big Lots Inc., the Columbus, Ohio, closeout retailer, reported fiscal-first-quarter net income declined 22% on 5.5% higher sales. For the quarter ended April 28, Big Lots earned $40.7 million, or ...
Source : marketwatch-com

Big Lots 5/10/2012

07:34 : Barclays raises its rating on Big Lots (BIG) to Overweight from Equalweight - Barclays raises its rating on Big Lots (BIG) to Overweight from Equalweight on a valuation call. Shares +0.6% premarket to $36,43, as they continue a slow trek back up after the retailer's FQ1 sales warning crushed their ...
Source : seekingalpha-com

Big Lots 4/24/2012

16:13 : A Very Fishy Smell Coming Out Of Big Lots - A week that was supposed to be led by the intensification of first quarter earnings season and a whole bunch of Fed speak has suddenly morphed into zany day of pondering corporate governance and corporate honesty.
Source : forbes-com
14:22 : Analysts start to rain down on Big Lots ([[BIG]] -23.1%) after its FQ1 ... - Analysts start to rain down on Big Lots (BIG -23.1%) after its FQ1 sales warning crushed the spirit of investors. The common theme from analysts downgrading at MKM Partners (to Neutal) and Raymond James (to Market Perform) the retailer ...
Source : seekingalpha-com
12:45 : The Ratings Game: Big Lots’ Achilles’ heel: consumables - While other retailers cite increased benefit to business from selling more consumables, Big Lots is one exception. Stock has biggest percentage drop since 2008.
Source : marketwatch-com
09:09 : Big Lots slumps on warning; RadioShack, Coach fall - NEW YORK (MarketWatch) -- Big Lots Inc. shares tumbled 21% to $36 on Tuesday after the closeout retailer said late Monday that its first-quarter U.S. comparable sales would decline instead of its previous projection of an increase. The ...
Source : marketwatch-com

Big Lots 4/23/2012

15:44 : Big Lots warns on first-quarter same-store sales - WASHINGTON (MarketWatch) -- Closeout retailer Big Lots warned after the closing bell Monday that fiscal first-quarter U.S. same-store sales will be "slightly negative," after previously guiding to a sales rise between 2% and 4%. "U.S. ...
Source : marketwatch-com

Big Lots 3/29/2012

10:38 : Shares of Big Lots ([[BIG]] -7%) sink as Deutsche Bank expresses concern ... - Shares of Big Lots (BIG -7%) sink as Deutsche Bank expresses concern about near-term sales trends. Consumables, which make up ~30% of BIG's product mix, "appear to be under duress" due to less closeout availability ...
Source : seekingalpha-com
09:11 : Best Buy, Big Lots drop; Collective Brands jumps - NEW YORK (MarketWatch) -- Electronics retailer Best Buy Co. fell 6.4% on Thursday after the company swung to a fourth-quarter loss. Its sales results and guidance also disappointed. Best Buy also said it's shutting 50 big-box ...
Source : marketwatch-com

Big Lots 3/5/2012

11:59 : Big Lots Can Survive Losses From Canadian Expansion - Big Lots' move into Canada through its acquisition of Liquidation World will weigh on its profit this year. But domestic growth still make it worth consideration, analysts say.
Source : forbes-com

Big Lots 3/2/2012

18:16 : Big Lots 4Q up 4.2%, but Full Year is Down - Big Lots (NYSE: BIG) reported on Friday a 4.2 percent increase in its fiscal fourth quarter profits, beating analysts' expectations through high demand for its discounted products.
Source : ibtimes-com
12:04 : Big Lots 4Q profit climbs on strength in US - COLUMBUS, Ohio (AP) -- The rapidly expanding retailer Big Lots posted a 4 percent jump in fourth-quarter net income and said earnings per share would likely rise by as much as 17 percent this year, yet shares dipped more than 3 percent ...
Source : usnews-com
09:18 : Nothing Small About Big Lots Q4, Profit Rises Nearly 7% - Big Lots booked better-than-expected fourth-quarter results with strong domestic demand. The North American market is expected to stay strong through this year, the company said.
Source : forbes-com
06:32 : Big Lots posts higher profit , opens 23 new stores - LONDON (MarketWatch) -- Big Lots on Friday reported a fourth-quarter profit of $114.7 million, or $1.75 a share, up from $110.1 million, or $1.46 a share a year earlier. Sales for the Columbus, Ohio-based wholesale retailer, which opened ...
Source : marketwatch-com

Big Lots 2/2/2012

13:58 : Big Lots ([[BIG]] +6.1%) posts a solid gain after earlier reporting Q4 ... - Big Lots (BIG +6.1%) posts a solid gain after earlier reporting Q4 retail sales of $1.6B, an increase of 7.7% Y/Y. Same store sales comps were also up 3.4%. The company raises Q4 earnings guidance on the strong result, ...
Source : seekingalpha-com

Big Lots 1/12/2012

12:24 : Shock hazard leads to Big Lots lamp recall - CHICAGO (MarketWatch) -- The U.S. Consumer Product Safety Commission on Thursday announced a recall of about 44,000 floor lamps imported and sold by retailer Big Lots. The Chinese-made products were sold between April 2010 and November ...
Source : marketwatch-com

Big Lots 12/2/2011

12:41 : Canada pushes Big Lots’ earnings south - Canada may hold long-term promise for Big Lots Inc., but it’s a short-term drag on earnings. The Columbus-based closeout retailer Friday reported net income of $4.2 million, or 6 cents a share, for the quarter ended Oct. 29, ...
Source : bizjournals-com
10:14 : Zumiez, PVH jump on results; Big Lots drops - NEW YORK (MarketWatch) -- Big Lots Inc. shares dropped 6.7% on Friday after the close-out retailer's third-quarter profit fell short of analysts' estimates. Teen retailer Zumiez Inc.'s shares surged 17% while Calvin Klein ...
Source : marketwatch-com
10:01 : Big Lots Reports First Earnings After Acquisition, Missing Estimates - Discount retailer Big Lots reported a decrease in net profit for its third quarter, which included a net loss for its newly acquired Canadian chain Liquidation World, which it took over in July, and tepid same-store sales growth in the ...
Source : forbes-com

Big Lots 11/3/2011

05:33 : Big Lots 3rd-quarter U.S. same-store sales up 1.7% - TEL AVIV (MarketWatch) -- Big Lots Inc., the Columbus, Ohio, closeout retailer, reported on Thursday that U.S. comparable-store sales for the fiscal third quarter ended Oct. 29 rose 1.7%. Total sales for the period rose 6% to $1.1 billion ...
Source : marketwatch-com

Big Lots 8/25/2011

05:17 : Big Lots adjusts guidance as sales rise - LONDON (MarketWatch) -- Big Lots Inc. said Thursday its fiscal second-quarter net profit was $35.7 million, or 50 cents a share, compared to $38.9 million, or 48 cents a share, in the same period a year ago. Net sales increased 2.2% to ...
Source : marketwatch-com

Big Lots 8/4/2011

05:40 : Big Lots same-store sales down 1.5% - LONDON (MarketWatch) -- Closeout retailer Big Lots Inc. said Thursday that its fiscal second-quarter sales at stores open at least two years at the beginning of the fiscal year fell 1.5%. The fall was in the middle of the group's previous ...
Source : marketwatch-com

Big Lots 7/25/2011

09:03 : Canadian expansion figures into Big Lots’ credit accord - Big Lots Inc. has struck deals with lenders for a new credit line that the discounter says will help finance growth as it makes its first foray outside the U.S. The Columbus-based retailer of closeout merchandise said it signed a five-year, ...
Source : bizjournals-com

Big Lots 5/31/2011

09:08 : Wal-Mart, Limited, Big Lots among retail gainers - NEW YORK (MarketWatch) -- Retail stocks rose on Tuesday with Limited Brands Inc. among the leading gainers. Limited, parent of Victoria's Secret and Bath & Body Works, saw its shares up 1.1% after it said it's giving a special dividend ...
Source : marketwatch-com

Big Lots 5/26/2011

10:27 : Data overshadow US retail earnings - The retail sector was in focus after a slew of earnings results from the likes of Tiffany, Guess and Big Lots while in the wider markets sentiment was downbeat after disappointing employment and GDP data
Source : ft-com
10:04 : Tiffany, Guess, Family Dollar pace retail gains - Retail stocks generally make gains, with luxury jewelry retailer Tiffany rallying on first-quarter results and Big Lots retreating on a downward profit revision following lackluster results.
Source : marketwatch-com
05:42 : Big Lots cuts outlook as profit falls 6% - LONDON (MarketWatch) -- Closeout retailer Big Lots Inc. on Thursday cuts its earnings forecast for the year as it reported a 6% drop in fiscal first-quarter profit. The group said profit for the quarter ended April 30 fell to $52.5 million ...
Source : marketwatch-com
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