
Big Lots (NYSE: $BIG) has announced a delay in releasing its Q2 earnings report to September 12, citing changes from the original date. Wall Street analysts have revised their price expectations for Big Lots ahead of the earnings release, forecasting a loss of $3.46 per share and revenue of $1.04 billion. The company's stock fell 10.9% to $0.4553 amidst bankruptcy rumors. Additionally, Big Lots is closing stores that serve more affluent customers, with locations slated for closure attracting shoppers from areas with a median household income of $73.5K, compared to the chain’s average of $65.5K.

