Adjusted net losses grew at Big Lots in its first quarter, coming in well short of Wall Street expectations after comparable sales slipped almost 10% in the quarter. Net loss was $205 million, or $6.99 per diluted share, versus $206.1 million, or $7.10 per diluted...
Although Big Lots’ fourth-quarter loss was greater than expected by Wall Street, the retailer’s CEO said it is on track to reinforce its position as a leading discount home store. In the 14-week fourth quarter, Big Lots reported a net loss of $30.7...
Big Lots, still trying to build traction on its turnaround, posted a third-quarter comp decline even as earnings and revenue exceeded or met a Wall Street estimate. The company also announced the appointment of former Burlington Stores executive Kristen Cox to senior...
With Black Friday weekend approaching, Big Lots plans to make the most of the shopping occasion with stores open from 7 a.m. to 9 p.m. on Thanksgiving Day and 6 a.m. to 11 p.m. on Black Friday, where statues allow. In addition, consumers can shop deals on biglots.com...
Preparing for the holidays, Big Lots is creating a Black Friday theme that covers sales until December 22. Each week, it will offer Black Friday-level sales up to 50% off prices across categories with some particular emphasis on home, the company indicated, including...
