COLUMBUS, Ohio (AP) _ Big Lots Inc. (BIG) on Friday reported a fiscal third-quarter loss of $4.3 million, after reporting a profit in the same period a year earlier.
The Columbus, Ohio-based company said it had a loss of 14 cents per share.
The results matched Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for a loss of 14 cents per share.
The discount retailer posted revenue of $1.34 billion in the period, beating Street forecasts. Five analysts surveyed by Zacks expected $1.32 billion.
Big Lots expects full-year earnings to be $5.70 to $5.85 per share.
Big Lots shares have risen roughly 2% since the beginning of the year. The stock has decreased 17% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BIG at https://www.zacks.com/ap/BIG
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