Previous close | 2.8800 |
Open | 2.8600 |
Bid | 2.6600 x 1800 |
Ask | 2.6800 x 4000 |
Day's range | 2.5901 - 2.8600 |
52-week range | 2.5900 - 11.0600 |
Volume | |
Avg. volume | 1,379,742 |
Market cap | 78.504M |
Beta (5Y monthly) | 2.31 |
PE ratio (TTM) | N/A |
EPS (TTM) | -16.5300 |
Earnings date | 27 Aug 2024 - 02 Sept 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 16 Mar 2023 |
1y target est | 4.00 |
Shares of discount retail company Big Lots (NYSE:BIG) fell 27.2% in the pre-market session after the company reported first-quarter earnings results. Its revenue and EPS unfortunately missed analysts' expectations as its same-store sales underperformed. On top of that, its full-year same-store sales forecast fell short of Wall Street's estimates, implying a weak operating environment. Management provided some reasons for the weakness, adding, "We missed our sales goals due largely to a continued
Big Lots (BIG) is taking aggressive measures to drive comparable sales growth later in the year and into 2025 while maintaining year-over-year improvements in gross margin rates.
Big Lots (BIG) delivered earnings and revenue surprises of -6.62% and 3.03%, respectively, for the quarter ended April 2024. Do the numbers hold clues to what lies ahead for the stock?