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Re: BIG LOTS

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Subject: Re: BIG LOTS
Poster: FrediFizzx
Date: Thu, 22 Mar 2007 23:33:18 -0700
Related Postings: 1 2 3 4 5 6 7 8 9 10 11
"Hugh Candlin" wrote in message news:5LIMh.2273$f56.2272@bgtnsc05-news.ops.worldnet.att.net...
>
> "bob wald" wrote in message
> news:14593-460318A5-116@storefull-3178.bay.webtv.net...
>> yeah i like the store....just expanded thier auto section....at
>> least
>> here locally.
>> i bought abunch of additives....
>> but i am looking on these bottles....on the back it has a lil c in a
>> circle and 2003.
>> is this older products????
>
> Big Lots is a closeout chain.
>
>> dont things become weaker over yrs?
>
> Many product are labelled with a "sell by" date - for good reason.

I do believe he is talking about a copyright symbol. ;-)


> Big Lots store only do 3 million dollars a year on average.
>
> Look at this chart
>
> http://www.biglotscorporate.com/investor/storebystate.asp
>
> It's not up-to-date, but, regardless, note the number of states
> where the number of stores has dropped!

They closed many of their lower performing stores under a re-organization plan. It is working. They now have profits. Stock is up 136 percent over last 12 months. About 40 percent is recent. They are way ahead of their competion now. What can I say; the masses like to buy stuff cheap. But if you missed the dip in price before they reported earnings, it is probably too late to get on this ride now. I have been saying that for a couple of weeks now and the dang price keeps going up. ;-) What up, dog? Doesn't matter; we got into it last Nov. so got on early enough. We will take the ride and see where it goes for the next couple of years. I am tempted to sell with a good gain but it is my wife's pick and she won't sell.

FF

 

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