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Big Lots Q2 income beats expectations

Big Lots Q2 income beats expectations

COLUMBUS, Ohio — Big Lots Inc. on Friday said revenue declined in its second quarter on weakness in comparable-store sales. But the retailer raised its profit forecast for the full year. The company posted income from continuing operations of $22.7 million, or 51 cents per diluted share, exceeding analysts’ expectations of 45 cents a share,