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Big Lots quarterly comps flat


COLUMBUS, Ohio -- Big Lots announced that fourth quarter retail sales for the fiscal quarter ended Jan. 29 were $1.5 billion, an increase of 3.8% compared with $1.451.5 million for the fourth quarter of fiscal 2009.

Comparable-store sales were flat for the fourth quarter of fiscal 2010, which is consistent with the low end of the company's previously communicated guidance of flat to an increase of 2%.

From a merchandising perspective, furniture, home, and seasonal were the best performing categories, the company reported.

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