Big Lots Profits Down in 3Q, Home Highlighted

摘要

Big Lots reported a drop in profit from last year and cut its outlook for the fourth quarter, yet cited home as a hot category in the third quarter as consumers looked to keep warm. "Customers continue to be selective but were willing to spend money where they saw tremendous values," said Steven Fishman, chairman, ceo and president, during the retailer's earnings call earlier this month. " From a merchandising perspective, furniture, seasonal and home continued to lead the way."