Investing.com - Big Lots (NYSE:BIG) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
Big Lots announced earnings per share of $-2.28 on revenue of $1.35B. Analysts polled by Investing.com anticipated EPS of $-2.38 on revenue of $1.35B.
Big Lots shares are down 52.16% from the beginning of the year and are trading at $21.55 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Big Lots follows other major Consumer Discretionary sector earnings this month
Big Lots's report follows an earnings beat by Home Depot on August 16, who reported EPS of $5.05 on revenue of $43.79B, compared to forecasts EPS of $4.95 on revenue of $43.36B.
Alibaba ADR had beat expectations on August 4 with third quarter EPS of $11.73 on revenue of $205.56B, compared to forecast for EPS of $10.7 on revenue of $203.47B.
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