Despite a drop into losses, Big Lots managed to beat a Wall Street earnings estimate and come out just below a revenue estimate. Net loss in the quarter by Big Lots was $12.5 million, or 43 cents per diluted share, versus net income of $49.8 million, or $1.63 per...
Big Lots had a tough third quarter but vows it’s making progress on turning financials around. For the third quarter, Big Lots recorded a net loss of $103 million, or $3.56 per share, versus $4.3 million, or 14 cents per diluted share, in the year-prior period. With...
Big Lots has announced the appointment of two new executives with Margarita Giannantonio named chief merchandising officer and John Alpaugh chief marketing officer. Giannantonio will shape and lead the company’s merchandising strategy across all product...
As the summer sales season slides into fall, Big Lots is getting ready for Labor Day with savings on furniture, mattresses, outdoor items and fall decor, more back-to-school merchandise, and even Broyhill cookware. The Broyhill brand is a focus, with cookware sets,...
As it worked to bring inventories down and serve shoppers with a broader range of bargains, Big Lots posted comparable sales and earnings declines but still did better than Wall Street expected. For the second quarter, Big Lots posted a net loss of $84.2 million, or...
