Big Lots increases Q4, FY guidance
December 4, 2009,
Columbus, Ohio – Encouraged by its third quarter, Big Lots boosted its expectations for the fourth quarter and the year.
The company also raised its earnings expectations for 4Q to be in a range of $1.09 to $1.14 per diluted share, compared to prior guidance of called for 99 cents to $1.04 per diluted share. Income from continuing operations in last year’s fourth quarter was $1.00 per diluted share.
Big Lots also upped its forecast from continuing operations (on a non-GAAP basis) to be in a range of $2.15 to $2.20 per diluted share, compared to prior guidance of $1.92 to $2.02 per diluted share. Earnings per share in the previous fiscal year were $1.89.
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