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Outlook roundup: Sonic Automotive, Big Lots

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April 29, 2008

Among the earnings projection stories for Tuesday, April 29, from AP Financial News:

CHARLOTTE, N.C. (AP) -- Auto retailer Sonic Automotive Inc. on Tuesday backed its 2008 profit outlook after reporting first-quarter results that met its own expectations.

COLUMBUS, Ohio (AP) -- Discount retailer Big Lots Inc. raised its same-store sales outlook for the first quarter on Tuesday, citing strong sales of furniture, consumables and seasonal merchandise.

NEENAH, Wis. (AP) -- Bemis Co., which makes flexible packaging for food and manufacturing industries, on Tuesday set second-quarter guidance within Wall Street forecasts.

NEW YORK (AP) -- Martha Stewart Living Omnimedia Inc. maintained its full-year sales forecast Tuesday, but said it expects its recent Emeril Lagasse acquisition to add to results.

PLANO, Texas (AP) -- Information technology services provider Perot Systems Corp. predicted Tuesday that its second-quarter revenue will fall a bit short of analysts' estimates.

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