BIG - Big Lots Non-GAAP EPS of $1.75 misses by $0.14 revenue of $1.73B beats by $10M

Big Lots press release (NYSE:BIG): Q4 Non-GAAP EPS of $1.75 misses by $0.14. Revenue of $1.73B (-0.6% Y/Y) beats by $10M. With regard to FY2022, the company is targeting both comparable sales and gross margin rate to be approximately flat to the prior year, with operating expenses deleveraging modestly due to inflationary impacts and growth-related investments. Given greater than usual uncertainty resulting from supply chain disruption and inflation, at this point the company is not providing formal full year guidance.

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Big Lots Non-GAAP EPS of $1.75 misses by $0.14, revenue of $1.73B beats by $10M