Big Lots, Inc. (BIG), the off price retailer, continues its turn-around under new management, Earnings were reported in line with management’s projections and strong cash flow led to another large share repurchase program. The shares rose 20% in the quarter and added 110 basis points to performance.
From Westport Asset Management (Trades, Portfolio)’s Westport Select Cap Fund Q1 2015 Commentary.
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