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Stock Market & Financial Investment News

News Breaks
December 4, 2012
08:19 EDTBIGBig Lots says sees FY12 adjusted gross margin rate lower than FY11
Sees effective tax rate 38%-38.5%. Sees adjusted income from continuing ops for U.S. operations for FY12 $3.17-$3.27, total sales up 1%-3%, SSS down in low single digits. Sees net loss of (26c)-(22c), sales of $154M-$158M for Canadian operations for FY12. Comments made on the Q3 earnings conference call.
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