Big Lots (BIG) PT Raised to $35 at Loop Capital

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Big Lots (BIG) Declares $0.30 Quarterly Dividend; 3.3% Yield

May 29, 2020 6:03 AM EDT

Big Lots (NYSE: BIG) declared a quarterly dividend of $0.30 per share, or $1.2 annualized.

The dividend will be payable on June 26, 2020, to stockholders of record on June 12, 2020, with an ex-dividend date of June 11, 2020.

The annual yield on the dividend is 3.3... More

UPDATE: Big Lots (BIG) Tops Q1 EPS by 94c, Revenues Beat, Comp. Sales Up 10.3%

May 29, 2020 6:02 AM EDT

(Updated - May 29, 2020 6:12 AM EDT)

Big Lots (NYSE: BIG) reported Q1 EPS of $1.26, $0.94 better than the analyst estimate of $0.32. Revenue for the quarter came in at $1.44 billion versus the consensus estimate of $1.31 billion.

COMPARABLE SALES INCREASE 10.3%STORE COMPS UP 10%ECOMMERCE DIRECT COMPS UP 45%EARNINGS PER SHARE OF $1.26 INCREASE 37%

Commenting on today's announcement, Bruce Thorn, President and CEO of Big Lots stated, "I am very proud of our team over the past quarter. We've grown as an organization through these unprecedented... More