FX.co ★ Big Lots Guides Q2 Comp Sales - Update

In its first quarter financial results report released on Thursday, Big Lots, Inc. (BIG), a home discount retailer, offered a forecast for comparable sales growth for the second quarter.

The company anticipates that second-quarter comparable sales will show an improvement compared to the first quarter, projecting a decline within the mid to high-single-digit range. This expected improvement comes as pivotal initiatives to enhance the business gain traction. However, the company has refrained from providing earnings per share guidance at this time.