Big Lots (BIG) Tops Q3 EPS by 2c

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Big Lots Reports Q3 Results

December 3, 2021 6:00 AM EST

COLUMBUS, Ohio, Dec. 3, 2021 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) today reported a net loss of $4.3 million, or $0.14 per share, for the third quarter of fiscal 2021 ended October 30, 2021, which compares to the company's guidance for the third quarter, as provided on August 27, 2021, of a $0.10 to $0.20 loss per share. Net income for the third quarter of fiscal 2020 was $29.9 million, or $0.76 per diluted share.

Net sales for the third quarter of fiscal 2021 totaled $1,336 million, a 3.1% decrease compared to $1,378 million for the same period last year, and an increase of 14.4%... More