Big Lots Reports Q2 Results
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Big Lots (BIG) Misses on Q2 Views and FY Guidance to Prompt Telsey Advisory Group to Downgrade to 'Market Perform', Analyst Says Higher Supply Chain Costs Take Bigger Toll
August 27, 2021 10:27 AM EDTShares of Big Lots (NYSE: BIG) are down over 6% in todays trading session after the company reported weaker-than-expected results.
BIG reported Q2 EPS of $1.09 to miss on the analyst estimate of $1.13. Revenue for the quarter came in at $1.46 billion, which is again lower than the consensus estimate of $1.48 billion.
Bruce Thorn, President and CEO of Big Lots stated, "We have completed another solid... More
Big Lots (BIG) Misses Q2 EPS by 4c
August 27, 2021 6:03 AM EDTBig Lots (NYSE: BIG) reported Q2 EPS of $1.09, $0.04 worse than the analyst estimate of $1.13. Revenue for the quarter came in at $1.46 billion versus the consensus estimate of $1.48 billion.
GUIDANCE:
Big Lots sees FY2021 EPS of $5.9-6.05, versus the consensus of... More
