Big Lots

Big Lots, Inc. engages in the operation of retail stores. It operates through the Discount Retailing segment which includes merchandising categories such as furniture, seasonal, soft home, food, consumables, hard home, and electronics, toys, and accessories. The company was founded by Sol A. Shenk in 1967 and is headquartered in Columbus, OH.

Earnings data Q4 2020

Earnings data Q1 2021

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BIG reports Q1 results, focuses on cost savings and liquidity

BIG's Q1 performance reflects a focus on cost savings and liquidity management. While facing macroeconomic challenges, the company is making strides in improving margins and capturing additional savings. The suspension of the dividend and reduced store openings indicate a cautious approach to capital allocation.

BIG reports challenging Q2 but sees growth opportunities ahead

BIG's Q2 performance was challenging, but sequential improvement and strategic actions are driving a turnaround. The company's focus on resonating with customers, communicating value, and investing in an omnichannel experience positions it for future growth.

BIG exceeds Q3 guidance, anticipates continued improvement in 2024

BIG's Q3 performance showed resilience with improvements in key metrics. The company's strategic actions and cost-saving initiatives are driving positive momentum. Despite challenges, BIG is well-positioned for continued improvement and growth.

Big Lots addresses challenges, eyes growth through strategic initiatives

Big Lots navigated challenges in Q4 2023 with a strategic approach to address consumer behavior shifts and product shortages, focusing on margin improvement and business model strengthening.
Efforts to mitigate the impact of United Furniture closure, improve inventory management, attract more customers, and enhance customer solutions demonstrate adaptability and resilience.
While facing ongoing challenges in the consumer environment and financial performance, Big Lots is leveraging opportunities in product offerings, marketing, and operational efficiency to drive growth and profitability.

Big Lots anticipates turnaround with cost-saving initiatives and margin enhancements

Big Lots faces challenges in sales and margins but is optimistic about improvements ahead. The company is focused on cost-saving efforts, liquidity management, and strategic initiatives to drive growth and profitability. With identified savings and opportunities, Big Lots aims to enhance margins and attract customers from competitors.

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Big Lots, Inc. engages in the operation of retail stores. It operates through the Discount Retailing segment. The Discount Retailing segment includes merchandising categories such as furniture, seasonal, soft home, food, consumables, hard home, and electronics, toys, and accessories. The company was founded by Sol A. Shenk in 1967 and is headquartered in Columbus, OH.

It's been a harsh road for Big Lots shares in 2022, losing more than half of their value and extensively underperforming the S&P 500.

Big Lots Q2 Preview: Can Shares Find New Life?

Discount retailer offering 25% off king and queen mattresses; up to 25% off all Broyhill furniture COLUMBUS, Ohio , Aug. 26, 2022 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG), one of America's largest home discount retailers, today announced plans for its "Big Labor Day Sale," including 25% off all king and queen mattresses and up to 25% off all Broyhill furniture in stores nationwide and online at biglots.com Aug. 27 – Sept. 10. "To anyone that might be on the fence about buying that new sectional, sofa, mattress, couch or recliner, this is the sale for you," said Bruce Thorn, president and CEO of Big Lots.

Big Lots' offering big bargains on furniture during 'Big Labor Day Sale'

Big Lots (BIG) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Here Is Why Bargain Hunters Would Love Fast-paced Mover Big Lots (BIG)

Big Lots (BIG) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Big Lots (BIG) Moves 9.6% Higher: Will This Strength Last?

Company to Broadcast Conference Call COLUMBUS, Ohio , Aug. 16, 2022 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) today announced it will report the results for the second quarter of fiscal 2022 on Tuesday, August 30, 2022. The company will host a conference call at 8:00 a.m.

Big Lots to Report Second Quarter Results on August 30, 2022

Big Lots is a classic Ben Graham value investment, a cigar butt. With significant tailwinds incoming, Big Lots' short-term turnaround looks even more promising.

Big Lots: Big Upside

Home discount retailer kicks off back-to-campus season with new collections, savings COLUMBUS, Ohio , July 27, 2022 /PRNewswire/ -- Big Lots, Inc . (NYSE: BIG), one of America's largest home discount retailers, announced today an expanded offering of campus living essentials for students moving to campuses across the country this fall.

Big Lots expands offering of college essentials at bargain prices

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Home discount retailer Big Lots (NYSE: BIG) stock has tanked (-54%) in 2022. The Company was a benefactor during the pandemic as consumers spent buoyantly on home improvement items.

Big Lots Stock is a Value Play at These Levels

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Target's Shipt partners with Big Lots on same-day delivery

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The deep-discount retailer has further to fall before things look better.

Big Lots Is In a Big Hole

Big Lots Inc. ( BIG , Financial) operates discount retail stores. The company retails a broad range of merchandise, including food, consumables, soft home products, hard home products, furniture, electronics, accessories and seasonal products.

Big Lots: Big Value - But Not Yet

Big Lots: Big Value, but Not Yet

Shares of Big Lots Inc. BIG, -6.87% dove 7.1% toward a 2-year low in morning trading Tuesday, after the discount home essentials retailer disclosed Chief Merchandising Officer Jack Pestello had been terminated without cause. The disclosure comes after the stock tumbled 12.1% on Friday, after the retailer reported a surprise first-quarter loss and big sales miss and provided a downbeat gross margin outlook, as sales trends "materially slowed" in April.

Big Lots chief merchandising officer terminated without cause in wake of disappointing quarterly results

Big Lots (BIG) reports a loss per share for first-quarter fiscal 2022. Also, comparable sales fall 17% in the quarter and hurt overall sales.

Big Lots (BIG) Reports Q1 Loss and Revenue Decrease Y/Y

If you have not been to a Big Lots Inc. ( BIG , Financial) store, it is somewhat hard to describe. It s a unique home discount retailer with 1,438 stores in 47 states.

Big Lots Is Too Cheap to Ignore

Shares of Big Lots Inc. sank Friday, after the discount home essentials retailer reported a surprise fiscal first-quarter loss and a big same-store sales miss, as higher gas prices hurt customer spending.

Earnings Results: Big Lots stock battered after surprise loss, as higher gas prices hurt spending

Big Lots said its Q1 inventory was up 48.5% from a year ago.

Big Lots plunges 12% as high gas prices and inflation squeezes customers, leading to unexpected quarterly loss

Big Lots, Inc. (NYSE:BIG ) Q1 2022 Results Conference Call May 27, 2022 8:00 AM ET Company Participants Bruce Thorn - President & Chief Executive Officer Jonathan Ramsden - Executive Vice President & Chief Financial Officer Conference Call Participants Spencer Hanus - Wolfe Research Joe Feldman - Telsey Advisory Group Peter Keith - Piper Sandler Kate McShane - Goldman Sachs Jason Haas - Bank of America Karen Short - Barclays Operator Ladies and gentlemen, good morning, and welcome to the Big Lots First Quarter Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Big Lots, Inc. (BIG) CEO Bruce Thorn on Q1 2022 Results - Earnings Call Transcript

Discount retailer Big Lots released its quarterly earnings Friday (May 27), showing a rise in eCommerce use but a decrease in sales as consumers wrestled with inflation and fuel prices. According to a news release from the Columbus, Ohio-based chain, the company's net sales for the first quarter of fiscal 2022 fell 15.4% from the […]

Big Lots Blames Inflation for Slow Q1 Sales

Big Lots Inc (NYSE: BIG) reported a first-quarter FY22 revenue decline of 15.4% year-over-year to $1.37 billion, missing the consensus of $1.46 billion. Comparable sales decreased 17% versus an 11.3% increase last year.

Why Big Lots Shares Are Plunging Today

Shares of Big Lots Inc. BIG, +2.41% plunged 21.2% toward a two-year low in premarket trading Friday, after the home discount retailer swung to a surprise fiscal first-quarter loss and sales that fell more than forecast, as gross margin fell amid challenging changes in consumer demand. The net loss for the quarter to April 30 was $11.1 million, or 39 cents a share, after net income of $94.6 million, or $2.62 a share, in the year-ago period.

Big Lots stock plunges after swinging to surprise loss and sales miss, and as gross margin contracted

We were pleasantly surprised to see shares of Big Lots (NYSE: BIG) up 12% but could not understand why until we saw the short interest. The stock has been in a downtrend for some time driven by dwindling analysts' sentiment, fear of slowing sales, and an ever-growing short interest that reached lofty levels above 25% in the weeks ahead of the Q2 report.

News for Big Lots Stock (BIG)