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0 -0.00376106194690269 -0.0121681415929203 -0.00940265486725657 0.0174778761061947 0.0317477876106195 0.0325221238938053 0.0445796460176991
Stock impact report

Big Lots Shares Slump After Q4 Sales, Earnings Update [Yahoo! Finance News]

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
Big Lots Inc.(BIGGet ReportBig Lots said sales for the holiday quarter were solid, rising 7.5% from the previous three-month period on a comparable basis, with online transactions surging by 135%. Big Lots said it's seeing an acceleration of those trends in January, as well, and expects comparable sales to "increase slightly from the quarter-to-date rate."However, margin pressure linked to transport costs and backlogs, as well as rising COVID-related expenses, will likely keep diluted earnings between $2.40 to $2.50 per share, a figure that compares to the $2.39 tally is posted last year and a Street consensus forecast of $3.02, the company said."I am pleased with our fourth quarter performance to date and our outlook for the balance of the period. This has been a hard-fought quarter that posed some challenges including softer-than-planned traffic in December, low levels of Christmas seasonal inventory, and extraordinary supply chain circumstances created by Covid-19," said CEO Bruce Show less Read more
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