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,...
Home Drives Big Q1 Gains at Big Lot

Home Drives Big Q1 Gains at Big Lot

Home helped Big Lots, for the first quarter ended May 1, post net income of $94.6 million, or $2.62 per diluted share, versus $49.3 million, or $1.26 per diluted share, in the year-before period. Comparable-store sales increased 11.3%, according to the company. Net...