Big Lots, Inc. (NYSE:BIG) is set to release earnings results for its second quarter, before the opening bell on Friday, Sept. 6.

Analysts expect the Columbus, Ohio-based company to report a quarterly loss at $3.46 per share, versus a year-ago loss of $3.24 per share. Big Lots projects to report quarterly revenue of $1.04 billion for the quarter, according to data from Benzinga Pro.

According to last month's Bloomberg report citing people with knowledge of the plans, Big Lots is considering filing for bankruptcy following years of declining sales.

Big Lots shares fell 10.9% to close at $0.4553 on Thursday.

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