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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

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.

Short-Covering Begins In Big Lots

Canopy Growth

Costco

Farfetch

Gap Inc

The three major U.S. equity indexes closed mixed on Tuesday. The Dow Jones industrial blue-chippers added about 0.2%, while the S&P 500 closed down 0.8% and the Nasdaq retreated nearly 2.4%.

Earnings Previews: Big Lots, Canopy Growth, Costco, Farfetch, Gap

' Bridesmaids' star Wendi McLendon-Covey encourages customers to create their backyard oasis at Big Lots in new ad campaign COLUMBUS, Ohio , May 24, 2022 /PRNewswire/ -- Big Lots, Inc . (NYSE: BIG), one of America's largest home discount retailers, is stepping up to help customers beat inflation with deep discounts this summer, starting with savings of 25% to 50% on patio furniture and accessories, Broyhill furniture, and Sealy and Serta queen and king mattresses now through June 4.

Big Lots kicks off summer savings with 'inflation-busting' discounts, new ad series

Big Lots is dealing with a tough macro environment but aiming high with its long-term revenue and operating margin targets. Cost inflation and supply chain disruptions are pressurizing margins.

Big Lots: Still Cautious But Now Cheap

Bed Bath & Beyond

Retail stocks fell hard this week as bellwether companies disappointed investors with sagging profits.

Deep Dive: If you thought Walmart and Target had disappointing earnings, these retailers did so much worse

Big Lots, Inc. (NYSE:BIG) has decreased by about 48% in price compared to what it traded at a year ago.

Why You Should Wait Before Buying Big Lots Stock's Dip

Company to Broadcast Conference Call COLUMBUS, Ohio , May 13, 2022 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) today announced it will report the results for the first quarter of fiscal 2022 on Friday, May 27, 2022. The company will host a conference call at 8:00 a.m.

Big Lots to Report First Quarter Results on May 27, 2022

Home discount retailer to offer additional savings to customers who donate COLUMBUS, Ohio , May 12, 2022 /PRNewswire/ --  Big  Lots, Inc . (NYSE: BIG), a leading home discount retailer, is collecting donations to benefit the Columbus, Ohio-based National Veterans Memorial and Museum (NVMM) now through Tuesday, May 31, in honor of Memorial Day.

Big Lots raises funds for National Veterans Memorial and Museum in honor of Memorial Day

Ambev

B&G Foods

Kraft Heinz

Altria

U.S. markets suffered a bloodbath on Monday. The S&P 500 index fell below 4,000 to finish at its lowest point in a year, the Nasdaq Composite plunged by 4.3% and the Dow Jones industrials lost 2.0%.

5 Top Defensive Stocks to Help Ride Out the Market Downturn

Pfizer

Seagate Technology Holdings PLC

These stocks look like some of the best bargains out there right now.

3 High-Yielding Dividend Stocks to Buy on the Dip

Big sales does not always translate to big earnings.

Bear of the Day: Big Lots (BIG)

The investment firm sent a letter praising Big Lots' management team and also calling for a sale of the company.

Mill Road calls for a sale of Big Lots. Here's what we might learn from the firm's earlier deals

BIG Rewards featured by Newsweek among America's best in home furnishings category COLUMBUS, Ohio, March 23, 2022 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG), a leading home discount retailer, has been ranked by Newsweek as having one of America's Best Loyalty Programs of 2022. BIG Rewards, which offers its 22 million active members exclusive coupons and rewards, was identified as the No.

Big Lots ranked in top three loyalty programs for 2022

Customers nationwide can donate to On Our Sleeves at checkout COLUMBUS, Ohio , March 17, 2022 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG), a leading home discount retailer, launched its annual in-store fundraising efforts to benefit children's mental wellness today. Now through April 17, customers can donate to On Our Sleeves, the national movement to break the stigma surrounding children's mental health.

Big Lots launches donation campaign in support of children's mental health

Mill Road Capital Management discloses it has purchased a 5.1% stake in Big Lots and is pushing for a sale of the discount retailer.

Big Lots Extends Gains After Mill Road Capital Pushes for a Sale

Big Lots' (BIG) fourth-quarter fiscal 2021 performance reflect lower sales and earnings. Comparable sales fall 2.3% in the quarter and hurt overall sales.

Big Lots (BIG) Q4 Earnings Lag Estimates, Comparable Sales Fall

COLUMBUS, Ohio, March 4, 2022 /PRNewswire/ -- Big Lots announced today that the Company will participate in the Bank of America 2022 Consumer & Retail Technology Conference, being held in New York City, New York. Bruce Thorn, President and CEO of Big Lots, Jonathan Ramsden, Executive Vice President, Chief Financial & Administrative Officer, and Jack Pestello, Executive Vice President, Chief Merchandising Officer, are scheduled to participate in a fireside chat on Wednesday, March 9, which will be broadcast live beginning at approximately 10:30AM Eastern Time.

Company to Participate in Bank of America 2022 Consumer and Retail Technology Conference on Wednesday March 9th

Big Lots (BIG) CFO, Jonathan Ramsden on Q4 2021 Results - Earnings Call Transcript

Although discount retailer Big Lots saw a slight drop in its quarterly net sales in the last three months of fiscal 2021 compared to 2020 and less than 8% growth from the same period two years ago, CEO Bruce Thorn told investors and analysts the company's best is yet to come in 2022 and beyond. […]

Big Lots Promises Quick Rebound After Lackluster Q4

Big Lots, Inc. (NYSE:BIG) stepped into the earnings confessional this morning, reporting fourth-quarter profits that fell short of Wall Street's estimates.

Big Lots Stock Sinks on Heels of Earnings Miss

Big Lots (BIG) delivered earnings and revenue surprises of -7.41% and 0.06%, respectively, for the quarter ended January 2022. Do the numbers hold clues to what lies ahead for the stock?

News for Big Lots Stock (BIG)