Why Big Lots Stock Just Got Smaller
Shares of Big Lots (NYSE: BIG) are falling today, down by 4% as of 12:41 p.m. EDT, after the discount retailer posted underwhelming earnings for its fiscal second quarter of 2021.
Heading into the report, analysts had forecast that Big Lots would earn $1.13 per share on sales of $1.48 billion. Big Lots, however, missed on both the top and bottom lines, reporting sales of $1.46 billion and earnings of $1.09 per share.
Source Fool.com
