Big Lots May retail sales up 7.1% $1,425.4mn

06 Jun '05

2 min read

The Nation's leading closeout retailer Big Lots Inc reported retail sales for the four weeks ended May 28, 2005 of $339.6 million, a 5.0% increase compared to retail sales of $323.3 million for the same period in fiscal 2004. Comparable store sales for all stores open at least two years as of the beginning of the fiscal year decreased 0.2% in May, with the value of the average basket increasing 0.9% and the number of customer transactions decreasing 1.1%.

For the seventeen-week year to date period, retail sales increased 7.1% to $1,425.4 million compared to $1,330.4 million for the same period in fiscal 2004. Comparable store sales increased 1.8% for the year to date period with the value of the average basket increasing 4.4% and the number of customer transactions decreasing 2.6%.

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Big Lots is a Fortune 500 company with annual revenues exceeding $4 billion. Our stock is traded on the New York Stock Exchange under the symbol BLI. They currently operate over 1,500 stores in 46 states and 43 freestanding Big Lots Furniture stores. In addition, over 800 of our closeout stores have furniture departments. We also operate a Wholesale Division and an online business-to-business wholesale Web site.

Big Lots Inc

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