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Article: Big Lots Reports Fourth Quarter and Fiscal Year Results for 2006.
- Article from:
- PR Newswire
- Article date:
- March 9, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Company Provides Initial Guidance for 2007
Company Communicates 3-Year Outlook
Company Announces $600 Million Share Repurchase Program
COLUMBUS, Ohio, March 9 /PRNewswire-FirstCall/ -- Big Lots, Inc. today reported fourth quarter fiscal 2006 net income of $104.3 million, or $0.94 per diluted share, compared to net income of $14.7 million, or $0.13 per diluted share for the same period of fiscal 2005. For the fifty- three week fiscal year ended February 3, 2007, net income was $124.0 million, or $1.11 per diluted share, compared to a net loss of $10.1 million, or $0.09 per diluted share, for the fifty-two week fiscal year in 2005. Results ...