Why Big Lots Stock Was Sliding Today
Shares of Big Lots (NYSE: BIG) were pulling back today after the discount retailer posted disappointing results in its third-quarter earnings report.
As of 2:11 p.m. ET, the stock was down 8.2%.
Big Lots said comparable sales in the quarter fell 11.7% and revenue was down 9.8% to $1.2 billion, which essentially matched estimates at $1.21 billion.
Source Fool.com
