Big Lots Reports Q2 Results
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Big Lots (BIG) Reports Smaller-than-Expected Q2 Loss
August 29, 2023 7:02 AM EDTBig Lots (NYSE: BIG) reported Q2 EPS of ($3.24), $0.87 better than the analyst estimate of ($4.11). Revenue for the quarter came in at $1.14 billion versus the consensus estimate of $1.1 billion.
GUIDANCE:
For the third quarter, the company expects comps to be down in the low-teen range, modestly improved relative to the second quarter. A net decrease in store count, partially offset by new... More
