Big Lots Extends Run of Discount Chains Outshining Retail Peers

  • Its stock surges after first-quarter earnings top estimates
  • Higher-priced retailers such as Macy’s have been struggling

Big Lots Follows Discount Chains in Beating Retail Peers

Big Lots Inc. surged as much as 15 percent in early trading after earnings crushed estimates, extending a run of discount chains outperforming higher-priced peers.

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