Big Lots Says Near-Term Conditions Have Been Challenging; Not Providing EPS Guidance At This Point, But Expects Q2 Adjusted Operating Loss To Be Better Than Last Year
Portfolio Pulse from Benzinga Newsdesk
Big Lots has reported challenging near-term conditions and is not providing EPS guidance at this time. However, the company expects its Q2 adjusted operating loss to be better than last year.
June 06, 2024 | 11:08 am
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Big Lots is experiencing challenging near-term conditions and is not providing EPS guidance. However, the company expects its Q2 adjusted operating loss to be better than last year.
The lack of EPS guidance indicates uncertainty, which could be seen negatively by investors. However, the expectation of a better Q2 adjusted operating loss compared to last year provides a positive aspect. These mixed signals likely result in a neutral short-term impact on the stock price.
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