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Why Big Lots Stock Just Got Smaller

TheMotleyFool

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Why Big Lots Stock Just Got SmallerPhoto, wide shot, wide-angle lens, Home appliance manufacturer, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Michael Light: https://img.theapi.app/temp/5d70b6df-fa9b-4237-9702-39c36cb1d4f8.png

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

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