Big Lots Reports Q3 Results

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Go back to Big Lots Reports Q3 Results

Big Lots (BIG) surges after posting narrower-than-expected loss despite sales decline

November 30, 2023 11:01 AM EST

Big Lots (NYSE: BIG) shares surged Thursday on the back of its latest earnings release, which saw it top consensus earnings expectations.

The company reported Q3 EPS of ($4.38), $0.30 better than the analyst estimate of ($4.68). Revenue for the quarter came in at $1.03 billion, down 14.7% from last year but in-line... More

Big Lots (BIG) Posts Smaller-than-Expected Q3 Loss

November 30, 2023 7:03 AM EST

Big Lots (NYSE: BIG) reported Q3 EPS of ($4.38), $0.30 better than the analyst estimate of ($4.68). Revenue for the quarter came in at $1.03 billion versus the consensus estimate of $1.03 billion.

GUIDANCE:

For the fourth quarter, the company expects comp sales to improve relative to the third quarter and be in the high-single-digit negative range, as... More