Research

Coresight Research helps retail clients accelerate innovation and growth. We focus on disruption at the intersection of retail and technology – and help you understand what it means for your business. Coresight Research has a global presence spanning the US, Europe and Asia, including deep expertise in the China market.

Big Lots (NASDAQ: BIG) 2Q19 Results: Revenue In Line But Comps Fall Short; Guides for Lower Comps

Big Lots reported 2Q19 revenues of $1.25 billion, up 2.5% year over year and in line with the consensus estimate. Comps increased 1.2%, on top of a 1.6% increase in the second quarter of last year. The company maintained its 2019 adjusted EPS guidanceof $3.70-$3.85 and updated its comp guidance to flat to slightly positive, from low-single-digit previously.