4:22 PM · 28 August 2020

Big Lots stock lower despite solid earnings

Big Lots (BIG.US) reported better than expected quarterly results. The discount retailer earned $2.75 per share above analysts' expectations of $2.70 per share. Revenue also beat estimates. Comparable-store sales rose 31.3%, compare to market expectations of a 28.1% increase. Company also announced a $500 million stock buyback program.
CEO Bruce Thorn stated, "I am delighted with our record-breaking results in Q2. Our comp increase was the best in the company's history, and adjusted EPS was the most we've reported in a second quarter, and more than five times what we reported a year ago."
Despite positive earnings results company's stock slide over 8% during today's session.

Big Lots (BIG.US) launched today's session with a bearish price gap. Should downbeat moods prevail, support at $45.56 may come into play. Source: xStation5

24 July 2026, 6:55 PM

Daily Summary: Equities Diverge as Tech Lags, Europe Rallies on Earnings & PMIs (24.07.2026)

24 July 2026, 3:22 PM

US OPEN: Nasdaq hits 1-month low! Geopolitics bring AI trade down!

24 July 2026, 12:37 PM

Market Wrap: European Stocks Are Trying to Rebound as the Week Comes to an End💡

24 July 2026, 11:23 AM

Alphabet shares are down 22% from their all-time high 🚩 Is Google ready to resume its bull run?

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits