Over 1 Year Ago
1 Min Read

Off goes BIG. The stock jumped up today. What's going on:



Shares of Big Lots (BIG) are trading 7% higher at a price of $22.98 at the time of this writing. The stock is rapidly outshining peers on a mildly optimistic day for the Consumer Discretionary sector.

The price is likely moving from the earnings call today:

- Big Lots stock up 2.6% premarket after Q2 loss is smaller-than-expected and sales edges ahead of consensus
- Big Lots Non-GAAP EPS of -$2.28 beats by $0.19, revenue of $1.35B beats by $10M (NYSE:BIG)

Big Lots has been trading between a 52-week high of $50.7 and a 52-week low of $18.16. The stock has a market cap of $665 Million.

Headquartered in Columbus, Ohio, Big Lots, Inc. is a neighborhood discount retailer operating 1,411 stores in 47 states, as well as a best-in-class ecommerce platform with expanded capabilities via BOPIS, curbside pickup, Instacart and PICKUP with same day delivery. The company's product assortment is focused on home essentials: Furniture, Seasonal, Soft Home, Food, Consumables, Hard Home, and Electronics, Toys & Accessories.