Shares of Big Lots are climbing on Friday after the close-out retailer reported a better-than-expected adjust profit for the fourth quarter. Big Lots reported earnings of $1.45 a share, excluding items, beating analyst expectations for earnings of $1.40 a share, according to Thomson Reuters. Results were boosted by a smaller-than-expected loss from winding down its Canadian operations. Big Lots announced in December that it decided to exit the unprofitable Canadian market.
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