Big Lots Q3 same-store sales up 1.7%
Columbus, Ohio -- Big Lots reported that U.S. comparable-store sales for the fiscal third quarter ended Oct. 29 rose 1.7%. Total sales for the period rose 6% to $1.1 billion, from $1.04 billion.
“From a merchandising perspective, consumables was our strongest category with comps up in the high single digits as we continue to see positive customer response to our initiatives to restore momentum in this key category,” said Steve Fishman, chairman, CEO and president. “Additionally, hardlines, electronics, furniture, and home also posted positive results for the quarter. Our stores are set for the holiday season and I am confident we are prepared to be aggressive and drive sales during the all-important fourth quarter."