Big Lots Inc. (NYSE: BIG) published its quarterly financial results on Friday that came in stronger than what the analysts had anticipated. The company attributed its hawkish performance to the economic blow from COVID-19 that fuelled demand for discount retailers in recent months. Big Lots announced nationwide same-day delivery in July. Shares of the company closed more than 5% down on Friday. On a year to date basis, Big Lots is still 80% up in the stock market. In comparison, its performance was slightly down in 2019 with an annual decline of roughly 8%. At the time of writing, Big
Full ArticleBig Lots reports record Q2 results as COVID-19 fuels demand
Invezz
0 shares
1 views
You might like
Related news coverage
Trump’s Acceptance Speech At RNC Epitomized Scare Tactics – OpEd
Eurasia Review
On Thursday night (August 27, 2020) President Donald Trump of the United States delivered his acceptance speech as the presidential..
Advertisement
More coverage
If Trudeau really wants to spur innovation and the economy, he should buy from the little guys
Financial Post
The most controversial phrase Prime Minister Justin Trudeau uttered this week might have been this one: “We can choose to embrace..
-
Nasdaq hits all-time high and S&P 500 snaps 3-day losing streak as Tesla stock continues its ascent
Proactive Investors
-
Nasdaq leads gains in New York as Tesla stock continues its ascent
Proactive Investors
-
Wall Street shares positive at lunch with Nasdaq in focus despite jobs market
Proactive Investors
-
Wall Street mixed as weekly jobless figure creeps back above one million; FTSE 100 finishes lower
Proactive Investors