Macro Pressures Drive Big Lots to Q3 Loss

Macro Pressures Drive Big Lots to Q3 Loss

Macro pressures led to a third-quarter loss for Big Lots, but the company stated that it is well-positioned for the holiday season. The company posted a net loss of $4.3 million, or 14 cents per diluted share, for the quarter versus net income of $29.9 million, or 76...
Macro Pressures Drive Big Lots to Q3 Loss

Home Helps Big Lots Overcome in Q2

Big Lots lapped a big one-time benefit in a slightly disappointing second quarter, but the retailer still demonstrated that it’s a growing concern, particularly in home-related merchandise. The company posted net income of $37.7 million, or $1.09 per diluted share,...