Big Lots Inc

NYSE:BIG   3:59:59 PM EDT
-0.98 (-2.26%)
Other Pre-Announcement, Earnings Announcements

Big Lots Provides Long-Term Growth And Margin Outlook And Q4 Business Update

Published: 01/10/2022 23:51 GMT
Big Lots Inc (BIG) - Big Lots Provides Long-term Growth and Margin Outlook and Q4 Business Update.
Big Lots Inc - Through End of Fiscal December, Company's Performance Was at Upper End of Its Expectations.
Big Lots Inc - Long-term Growth Outlook Includes Sales Goal of $8 to $10 Billion.
Big Lots Inc - on a Quarter-to-date Basis Through End of Fiscal December, Achieved a Two-year Comparable Sales Increase of Approximately 9%.
Big Lots - Long-term Sales Goal Driven by About 500 Net Store Openings, Merchandise Sales Productivity Initiatives, Continued Ecommerce Growth.
Big Lots - Since Early Jan, Has Seen Softening of Traffic & Sales Trends Which It Believes Has Been Significantly Driven by Rapid Spread of Omicron.
Big Lots Inc - Would Expect to Achieve a Flat to Low-single-digit Percentage Two-year Comparable Sales Increase for Fiscal January.
Big Lots Inc Sees Diluted EPS for Q4 in Range of $1.80 to $1.95.
Revenue is expected to be $1.73 Billion
Adjusted EPS is expected to be $1.94

Next Quarter Revenue Guidance is expected to be $1.51 Billion
Next Quarter EPS Guidance is expected to be $1.48

More details on our Analysts Page.