Benzinga | Sep 29, 2020 07:13AM EDT

Big Lots Sees Prelim. Q3 EPS $0.50-$0.70 vs $0.21 Est.

COLUMBUS, Ohio, Sept. 29, 2020 /PRNewswire/ -- Big Lots, Inc. (NYSE:BIG) today provided an update on expected results for the third quarter of fiscal 2020. The company estimates comparable sales will increase in the mid-teens for the quarter. Based on this sales outlook, the company estimates it will generate diluted EPS in the range of $0.50 to $0.70. This guidance incorporates expected share repurchase activity for the quarter. As a reminder, the company reported an adjusted net loss per share of $0.18 in the third quarter of fiscal 2019.