Brief: Big Lots Reports Q4 Adjusted Loss Of $0.28 Per Share

Former BL Stores

02/03/2023 12:45

March 2 (Reuters) - Big Lots Inc  BIG.N :
    * NET SALES FOR Q4 OF FISCAL 2022 TOTALED $1.543 BILLION, A
10.9%
DECREASE COMPARED TO $1.732 BILLION FOR SAME PERIOD LAST YEAR
    * BIG LOTS -ESTIMATE COMPARABLE SALES ADVERSELY IMPACTED BY
ABOUT
130 BASIS POINTS DUE TO PRODUCT SHORTAGES IN FURNITURE IN
QUARTER
    * FOR Q1, EXPECTS COMPS TO BE DOWN IN LOW TO MID-TEENS RANGE
    * GIVEN AN ATYPICALLY WIDE RANGE OF POTENTIAL OUTCOMES, NOT
PROVIDING EPS GUIDANCE AT THIS POINT FOR Q1
    * NOT PROVIDING FORMAL FULL YEAR GUIDANCE
    * Q4 EARNINGS PER SHARE VIEW $-0.85, REVENUE VIEW $1.55
BILLION --
REFINITIV IBES DATA

Source text for Eikon:  ID:nPncgGh70a 
Further company coverage:  BIG.N 

 ((Reuters.Briefs@thomsonreuters.com;))