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Big Lots Posts Big Loss Early

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  • Description

    FBN’s Lauren Simonetti breaks down the stocks moving the markets early.

  • Duration 0:41
  • Date

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Position -- -- must go back to -- I've got big loss hitting a low tell me one.

Yes big lots big lots when -- plus percent right now the reason is their profits felt like 38% their same store sales there revenue declined pretty big time.

And it cut their views for the full year.

-- now -- JPMorgan analyst is weighing in on these big losses for the retailer and -- analyst says this is the first time that they saw declines in their discretionary offerings like home furniture and seasonal.

And troubles in those areas are really.

Pushing the stock down surprising some analysts yet 21%.

-- trying to get used of these wild swings in stock prices between loans and as a draw.

-- like very much --

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