Big Lots (BIG) Post Modestly Smaller-than-Expected Loss in Q3
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December 1, 2022 12:02 PM EST
Big Lots (NYSE: BIG) shares tumbled over 11% on Thursday after the company reported its third-quarter earnings.
The company reported a smaller-than-expected loss of $2.99 per share, $0.05 better than the analyst estimate of a loss of $3.04 per share, while revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.21 billion.
Net sales for the third quarter decreased by 9.8% compared to $1.336 billion for the same period last year, driven by a comparable sales decline of... More
December 1, 2022 6:19 AM EST
Big Lots (NYSE: BIG) declared a quarterly dividend of $0.30 per share, or $1.2 annualized.
The dividend will be payable on December 28, 2022, to stockholders of record on December 14, 2022, with an ex-dividend date of December 13, 2022.
The annual yield on the dividend is 6.2... More
November 29, 2022 5:11 AM EST
Deutsche Bank analyst Paul Trussell lowered the price target on Big Lots (NYSE: BIG) to $13.00 (from $18.00) while maintaining a Hold rating.... More
