Big Lots reports record Q2 results as COVID-19 fuels demand

Big Lots Inc. (NYSE: BIG) published its quarterly financial results on Friday that came in stronger than what the analysts had anticipated. The company attributed its hawkish performance to the economic blow from COVID-19 that fuelled demand for discount retailers in recent months. Big Lots announced nationwide same-day delivery in July. Shares of the company closed more than 5% down on Friday. On a year to date basis, Big Lots is still 80% up in the stock market. In comparison, its performance was slightly down in 2019 with an annual decline of roughly 8%. At the time of writing, Big