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BIG / Big Lots stock up 2.6% premarket after Q2 loss is smaller-than-expected and sales edges ahead of consensus

Big Lots stock up 2.6% premarket after Q2 loss is smaller-than-expected and sales edges ahead of consensus
Big Lots Inc. shares [s big] rose 2.6% premarket Tuesday, after the wholesaler posted a narrower-than-expected second-quarter loss and sales that edged ahead of consensus. The Columbus, Ohio-based company had a net loss of $84.2 million, or $2.91 a share, for the quarter to July 30, after earnings of $37.7 million, or $1.09 a share, in the year-earlier period. Read More
Posted: Aug 30 2022, 06:14
Author Name: Market Watch
Views: 110927

BIG News  

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By Zacks Investment Research
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