While reporting financial results for the first quarter on Thursday, home discount retailer Big Lots, Inc. (BIG) provided comparable sales growth guidance for the second quarter.
For the second quarter, the company expects comp sales to improve relative to the first quarter and be in the mid to high-single-digit negative range, as key actions to improve the business continue to gain traction. The company said it is not providing earnings per share guidance at this point.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.