Investing.com - Big Lots (NYSE:BIG) reported on Friday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Big Lots announced earnings per share of $-0.39 on revenue of $1.37B. Analysts polled by Investing.com anticipated EPS of $1.09 on revenue of $1.46B.
Big Lots shares are down 31.96% from the beginning of the year and are trading at $30.65 , 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 missed by Amazon.com on April 28, who reported EPS of $-7.56 on revenue of $116.44B, compared to forecasts EPS of $8.35 on revenue of $116.45B.
Home Depot had beat expectations on May 17 with first quarter EPS of $4.09 on revenue of $38.91B, compared to forecast for EPS of $3.69 on revenue of $36.71B.
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