Read more
3:22 PM · 28 August 2020

Big Lots stock lower despite solid earnings

Big Lots
Stocks
BIG.US, Big Lots Inc
-
-

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

30 October 2025, 10:47 PM

Amazon and Apple beat estimates. Will it lift Wall Street higher?

30 October 2025, 8:45 PM

Apple slightly gains after earnings 🗽China sales misses estimates

30 October 2025, 8:26 PM

Amazon gains almost 10% after earnings report 📈US100 tries to recover

30 October 2025, 6:24 PM

Eli Lilly after Earnings: High expectations, even higher results.

Join over 1 700 000 XTB Group Clients from around the world

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