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

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

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