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' share price is performing poorly compared to its competitors despite having a better EPS CAGR. The company has much better valuation metrics than its peers, displaying the stock at a bargain.

Big Lots: Reversion To The Mean Is Still In Progress

COLUMBUS, Ohio, Feb. 9, 2022 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG), a leading home discount retailer, is offering its shoppers Presidents Day deals on furniture in-store and online that include 20% off all Broyhill recliners, sectionals, outdoor seating, dining, gazebos, accessories and cushions. The sale also includes 20% off all mattresses with same-day availability.

Big Lots to offer most comprehensive Presidents Day furniture deals ever

COLUMBUS, Ohio, Feb. 1, 2022 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG), one of the largest neighborhood discount retailers in the U.S., is teaming up with its associates, customers and the American Heart Association again this year in the fight against heart disease. Feb. 1-20, Big Lots customers who donate to the American Heart Association at any Big Lots store will get a $5 off $15 coupon for a future in-store purchase.

Big Lots teams with American Heart Association to fight heart disease

Big Lots showed slowing sales momentum in January, consistent with weakening consumer sentiment. Margins may be under pressure for longer than analysts expect.

Big Lots: Watching From The Sidelines

COLUMBUS, Ohio, Jan. 28, 2022 /PRNewswire/ --  Big Lots, Inc . (NYSE: BIG), one of the largest neighborhood discount retailers in the U.S., is kicking off the New Year by offering Mario Lopez's line of workout gear, protein powders, recovery essentials and more home gym must-haves, including products exclusive to Big Lots.

Big Lots features exclusive Mario Lopez fitness products

Take a look at this 10-year chart for earnings per share and Ebitda at the discount retailer Big Lots Inc. ( BIG , Financial).

Big Lots: Reversion to the Mean

Who said physical retailing is dead? Not only is it not dead – or even very sick – it's actually pretty amazingly healthy.

Dollar Stores, Big Lots, Off-Pricers Will Open Thousands Of Stores In 2022

Commercial Vehicle Group

Corning

BIG, CVGI, and GLW have been added to the Zacks Rank #5 (Strong Sell) List on January 14, 2022

New Strong Sell Stocks for January 14th

Big Lots is betting shoppers will still want to buy cheap couches and pillows in person for years to come.

Big Lots is opening 500 stores

Big Lots (BIG) sees weak traffic and sales trends in January. However, long-term growth targets and Operation North Star strategy appear encouraging.

Big Lots (BIG) Down Above 6% on Soft Sales Trends in January

Abercrombie & Fitch

Even though most markets fell, declines were tiny compared to where they were earlier.

These 2 Retailers Are the Stocks to Watch Monday Night

Shares of Big Lots Inc. BIG, -6.70% fell more than 7% in the extended session Monday after the retailer said it has been seeing "softening of traffic and sales trends" in January caused by the spread of the omicron variant of the coronavirus in addition to winter weather. The company said that could lead to flat to a below-expectations comparable-sales increase for fiscal January, and result in per-share earnings for the quarter between $1.80 and $1.95.

Big Lots stock tanks 7% after retailer sees sales, traffic 'softening' due to omicron

COLUMBUS, Ohio, Jan. 10, 2022 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) today provided a long-range growth and margin outlook detailing a significant value-creation opportunity over the coming years. Details of the company's long-term outlook are available in an updated investor presentation available through the company's website and include: A sales goal of $8 to $10 billion driven by approximately 500 net store openings, merchandise sales productivity initiatives, and continued ecommerce growth An operating margin goal of 6% to 8% driven by gross margin improvement and expense leverage A Return on Invested Capital goal of 20% to 25% Commenting on the company's long-term goals, Bruce Thorn, President and CEO of Big Lots stated, "We are highly confident that Operation North Star has put us on track to create tremendous long-term value for shareholders, and that we now have the visibility to provide a long-term financial outlook.

BIG LOTS PROVIDES LONG-TERM GROWTH AND MARGIN OUTLOOK AND Q4 BUSINESS UPDATE

COLUMBUS, Ohio, Jan. 5, 2022 /PRNewswire/ -- Big Lots announced today that the Company will participate in the 2022 ICR Conference, which will be a virtual event this year. 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 Tuesday, January 11, 2022, which will be broadcast live beginning at approximately 10:30 AM Eastern Time.

COMPANY TO PARTICIPATE IN 2022 ICR CONFERENCE ON TUESDAY JANUARY 11TH

Let's see if Big Lots (BIG) stock is a good choice for value-oriented investors right now from multiple angles.

Is Big Lots (BIG) a Suitable Value Investor Stock Now?

Goldman Sachs analyst Kate McShane downgraded  Big Lots Inc (NYSE:BIG) to Sell from Neutral with a price target of $43, down from $58. McShane said despite increasing mobility trends and the company's treasure hunt experience, store traffic "remained lackluster" at Big Lots.

Goldman Sachs Turns Bearish On Big Lots Citing Lackluster Store Traffic

Big Lots (BIG) reports loss per share for third-quarter fiscal 2021 results. Also, comparable sales fall 4.7% in the quarter and hurt overall sales.

Big Lots' (BIG) Q3 Loss In Line, Comparable Sales Decline Y/Y

On Friday, (NYSE:BIG) shares advanced by more than 5% after announcing its most recent quarterly results. The company reported its fiscal third-quarter revenue and earnings before markets opened, beating the consensus for analyst expectations.

Big Lots stock forecast as shares spike on solid FQ3 results

Big Lots, Inc. (BIG) CEO Bruce Thorn on Q3 2021 Results - Earning Call Transcript

Shares of Big Lots Inc (NYSE: BIG) slid nearly 5.0% on Friday morning after the discount retailer said supply chain constraints were to hit gross margin in the holiday quarter. The stock, however, recovered completely in a few hours as shareholders focused more on better-than-expected Q3 results.

Big Lots updates shareholder return initiatives

Big Lots (NYSE:BIG) reported its Q3 earnings results on Friday, December 3, 2021 at 06:00 AM. Here's what investors need to know about the announcement.

Recap: Big Lots Q3 Earnings

Big Lots (BIG) delivered earnings and revenue surprises of 0% and 1.01%, respectively, for the quarter ended October 2021. Do the numbers hold clues to what lies ahead for the stock?

Big Lots (BIG) Reports Q3 Loss, Tops Revenue Estimates

Big Lots Inc (NYSE: BIG) reported a third-quarter FY21 sales decline of 3.1% year-on-year and increased 14.4% from Q3 FY19 to $1.34 billion, beating the analyst consensus of $1.32 billion. Comparable sales decreased 4.7% versus a 17.8% increase last year.

Big Lots Q3 Results Top Street View; Cuts FY21 EPS Outlook

Shares in the discount retailer were down 5% in premarket trading.

Big Lots Stock Falls as Earnings Swing to a Loss

Shares of Big Lots Inc. BIG, +2.44% dropped 6.0% in premarket trading Friday, as the discount retailer swung to a narrower-than-expected fiscal third-quarter loss and sales that fell less than forecast, and provided a downbeat earnings outlook for the current quarter as supply chain issues weight on gross margin. The net loss for the quarter to Oct. 30 was $4.3 million, or 14 cents a share, after net income of $29.9 million, or 76 cents a share, in the year-ago period.

News for Big Lots Stock (BIG)