From StockStory:

Big Lots (NYSE: BIG) posted better-than-expected financial results for Q3, with net sales of $1.4 billion and a comparable sales increase of 17.8%. Their stock price has soared by 38% in the year-to-date period. The company also reported a net income of $30.3 million, a significant improvement from the previous year. In comparison, other general merchandise retail stocks such as Target and Walmart also reported strong Q3 earnings, driven by a surge in online sales and robust consumer spending. Despite facing supply chain challenges, these retailers have witnessed strong growth in their bottom line.



Read more: A Look Back at General Merchandise Retail Stocks’ Q3 Earnings: Big Lots (NYSE:BIG) Vs The Rest Of The Pack