Market Overview

Recap: Big Lots Q3 Earnings

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Shares of Big Lots (NYSE:BIG) decreased 0.3% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 522.22% over the past year to $0.76, which beat the estimate of $0.66.

Revenue of $1,378,000,000 up by 17.98% year over year, which beat the estimate of $1,350,000,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Big Lots hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Dec 04, 2020

Time: 08:00 AM

ET Webcast URL: https://78449.themediaframe.com/dataconf/productusers/big/mediaframe/41587/indexl.html

Recent Stock Performance

52-week high: $57.24

52-week low: $10.12

Price action over last quarter: Up 11.56%

Company Overview

Big Lots Inc is a U.S.-based company principally engaged in operating discount retail stores. The company provides a broad range of merchandise, including food, consumables, soft home products, hard home products, furniture, electronics and accessories, and seasonal products. The company sources the merchandise from traditional and close-out channels. In addition to merchandise, the company sells gift cards, issues merchandise credits, and more. The company operates stores throughout the United States, with around one third of its stores in California, Texas, Ohio, and Florida.

 

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Posted-In: Earnings News

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