Flash ReportBig Lots (BIG) 1Q16 results: BIG LOTS puts up best comps in four years Coresight Research May 27, 2016 Executive Summary Big Lots reported adjusted 1Q16 EPS of $0.82 versus the consensus estimate of $0.70. Total revenues were $1.31 billion versus consensus of $1.30 billion. Comps increased by 3% versus consensus of 2.2% and guidance for a low-single-digit increase. The comp increase was partially offset by fewer open stores, as total sales increased by 2.5% year over year. Management provided 2Q16 guidance of $0.42–$0.47 versus consensus of $0.45. Comps are expected to be flat–2% versus consensus of 1.7%. Full-year guidance calls for EPS of $3.35–$3.50, up from prior guidance of $3.20–$3.35 and versus consensus of $3.31. Management reaffirmed its comp guidance; it expects comps to increase by low single digits versus consensus of 2%. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Head-to-Head in Global Discount Grocery Retailing: Aldi vs. LidlWeekly US Store Openings and Closures Tracker 2025, Week 25: Furniture Frenzy—At Home’s Bankruptcy, Ashley’s Store Renewal and Openings from IKEA, Wayfair and MoreSeasonal Shopping, 2Q25—Expectations for Easter, Memorial Day, Mother’s Day, Father’s Day; Plus, Holiday 2025 Plans: US Consumer Survey Insights ExtraFreeze, Flight or Fight? How Retailers Can Strategically Navigate Tariff Turmoil
