Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Is Big Lots Stock a Buy?

TheMotleyFool

0 0

After trailing the S&P 500 for the last few years, Big Lots (NYSE: BIG) stock has turned in an impressive performance so far this year.

Deemed an essential retailer, it was one of the few businesses that stayed open during the pandemic. No doubt this helped boost Big Lots' results, and the company reported a strong fiscal first-quarter (ended May 2). Same-store sales (comps) rose 10.3%, and its adjusted earnings per share increased 37.0% year over year to $1.26.

Is this recovery fleeting, or can investors be confident that Big Lots is moving in the right direction?

Source Fool.com

Like: 0

BIG

Share