Big Lots (BIG) Tops Q4 EPS by 8c
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Big Lots Reports Q4 and Full Year 2023 Results
March 7, 2024 7:00 AM ESTQ4 2023 comparable sales, gross margin rate, expenses, and inventory in line with guidance
Q4 GAAP operating loss of $24 million; adjusted operating profit of $1 million;Â first quarter of positive adjusted operating profit since Q4 2021
Q4 GAAP EPS loss of $1.05; adjusted EPS loss of $0.28
Expect quarterly year-over-year gross margin improvements to continue through 2024 with a path to positive comparable sales
Achieved nearly 60%... More
