06.06.2024 13:04:00 - dpa-AFX: Big Lots Inc. Q1 Loss Decreases, But Misses Estimates

WASHINGTON (dpa-AFX) - Big Lots  Inc. (BIG) revealed Loss for first quarter
that decreased from the same period last year but  missed the Street estimates.


The company's bottom line totaled -$205.04 million, or -$6.99 per share. This
compares with -$206.07 million, or -$7.10 per share, in last year's first
quarter.

Excluding items, Big Lots Inc. reported adjusted earnings of -$132.33 million
or -$4.51 per share for the period.

Analysts on average had expected the company to earn -$3.91 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 9.8% to $1.01 billion from $1.12
billion last year.

Big Lots Inc. earnings at a glance (GAAP) :

-Earnings (Q1): -$205.04 Mln. vs. -$206.07 Mln. last year.
-EPS (Q1): -$6.99 vs. -$7.10 last year.
-Revenue (Q1): $1.01 Bln vs. $1.12 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
BIG LOTS DL-,01 869884 Frankfurt 1,650 26.06.24 08:05:48 -0,030 -1,79% 1,630 1,720 1,650 1,680

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