Big Lots Guides Q2 Comp Sales - Update
(RTTNews) - While reporting financial results for the first quarter on Thursday, home discount retailer Big Lots, Inc. (BIG) provided comparable sales growth guidance for the second quarter.
For the second quarter, the company expects comp sales to improve relative to the first quarter and be in the mid to high-single-digit negative range, as key actions to improve the business continue to gain traction. The company said it is not providing earnings per share guidance at this point.
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Canadian Dollar Rises Against Majors
The Canadian dollar strengthened against other major currencies in the Asian session on Wednesday.
The Canadian dollar rose to more than a 4-1/2-month high of 0.8943 against the Australian dollar, from yesterday's closing value of 0.8955.
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