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Big Lots (NASDAQ: BIG) 4Q18 Results: Revenues in Line, Big Beat on EPS, Guides for Lower EPS

Executive Summary

  • Big Lots reported 4Q18 revenues of $1.60 billion, down 2.6% year over year and in line with the consensus estimate. Adjusted EPS was $2.68, up 4.2% and handily beating the $2.30 consensus estimate.
  • Comps increased 3.1%, compared with a decrease of 0.1% in the year-ago quarter.
  • The company guided for a low single digit increase in comps in 2019 and adjusted EPS of $3.55-3.75 (down 7-12%), in line with the $3.64 consensus estimate.

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