Big Lots Reports Q1 Results

Q1 comparable sales decline due to challenging consumer environment; gross margins significantly improved year-over-year and continued reductions in adjusted operating expenses Q1 2024 Earnings (loss) per diluted share – as reported ($6.99) Adjustment to exclude net loss associated with impairment charges, fees related to Project Springboard, and distribution center closure costs(1) $2.48 Earnings (loss) per diluted share – adjusted basis ($4.51) Q1 GAAP EPS loss of $6.99; adjusted EPS loss of $4.51 Expect ...