Big Lots Projects Q2 Comps. At High End Of Guidance Range - Quick Facts

(RTTNews) - Big Lots, Inc. (BIG) said the company has continued to experience strong demand and now expects comparable sales in the second quarter to be at the high end of its previous guidance of a mid-to-high twenties percentage increase.

Big Lots also announced the appointment of Jack Pestello as Executive Vice President, Chief Merchandising Officer, effective July 27, 2020. Pestello succeeds Lisa Bachmann. Pestello joins Big Lots following seven years in leadership roles at Walmart. He most recently served as Senior Vice President and General Merchandise Manager for Walmart's Grocery business.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story


Latest Markets Videos


Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.

Learn More