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Stock impact report

Big Lots: The Run Continues [Seeking Alpha]

Big Lots, Inc. (BIG) 
Last big lots, inc. earnings: 2/27 04:05 pm Check Earnings Report
US:NYSE Investor Relations: biglots.com/corporate/investors
Company Research Source: Seeking Alpha
SummaryQ1 COVID-related strength has continued into Q2.Shares likely to rise into the mid-$40 range, but the market is weighing whether this high level of performance can continue.You may wish to take some profit, but hold a core position.Prepared by Stephanie, analyst at team BAD BEAT InvestingBig Lots, Inc.BIGdecent Q1 earningsQ2 performanceShares are pushing new 52-week highs. It has been an incredible rally in the last few days. Amid the great performance of the company and our belief that Big Lots has been a COVID-19 winner, shares are pricey here. The bigger concern is whether this performance can continue going forward. What we mean is that we have some concerns over performance dipping once the economy is fully reopened. Big Lots discount pricing has worked. Lack of small business competition has helped.Overall, we believe that Big Lots continues to be one of the best discount retailers out there. This retailer successfully competes with both the big-box stores and lower end d Show less Read more
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