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.

Artisan Partners Asset Management

Berry Global Group

BWX Technologies

Crown Hlds

California Resources

Dana Incorporated

Douglas Emmett

Doximity

Douglas Elliman

Gannett Co.

Genesco

Graphic Packaging Hld

Macerich

Moelis

Ingevity

Ovintiv

Planet Fitness

Rayonier Advanced Materials

Tredegar

Victoria's Secret & Co

WESCO

NEW YORK , June 2, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Tuesday, June 20, to coincide with the quarterly rebalance. The U.S. equity markets will be closed on Monday, June 19 in observance of the Juneteenth holiday.

Palo Alto Networks Set to S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

Cato

PetMed Express

Deciding which dividend stocks to sell can be difficult. Dividend stocks hold a special place in the hearts of investors.

3 Dividend Stocks to Sell Before They Cut Their Payouts

Big Lots' (BIG) first-quarter results reflect a year-over-year decline in both the top line and bottom line. Results are affected by challenging macroeconomic environment and vendor disruption.

Big Lots (BIG) Q1 Loss Wider Than Expected, Revenues Fall Y/Y

The discount retailer is suspending its dividend as revenue fell over 18% year-over-year in its latest quarter.

Big Lots Tumbles as Lower-Income Shoppers Feel the Pinch From Inflation.

Big Lots, Inc. (NYSE:BIG ) Q1 2023 Earnings Conference Call May 26, 2023 8:00 AM ET Company Participants Alvin Concepcion - Vice President of Investor Relations Bruce Thorn - President and Chief Executive Officer Jonathan Ramsden - Executive Vice President, Chief Financial and Administrative Officer Conference Call Participants Jessica Taylor - Deutsche Bank Brad Thomas - KeyBanc Capital Markets Joe Feldman - Telsey Advisory Group Jason Haas - Bank of America Karen Short - Credit Suisse Kate McShane - Goldman Sachs Anthony Chukumba - Loop Capital Markets Peter Keith - Piper Sandler Alvin Concepcion Good morning. This is Alvin Concepcion, Vice President of Investor Relations at Big Lots.

Big Lots, Inc. (BIG) Q1 2023 Earnings Call Transcript

As Bed Bath & Beyond NASDAQ: BBBY goes through the painful and defeating process of declaring bankruptcy, investors who have a financial - and often emotional - vested interest in other similar companies are feeling the heat of what could happen when things go wrong. Big Lots NYSE: BIG shares are sliding aggressively during the opening of Friday's trading session, declining by as much as 18.5% after the company released its first quarter 2023 earnings results; markets express that they are not happy with what the company has achieved during the past twelve months.

Big Lots Becomes A Stomach Churning Value Play

Shares of Big Lots, Inc. (NYSE:BIG) have already hit a more than three-decade low of $5.67 in this morning's trading, last seen down 17%, after the company recorded disappointing first-quarter results and suspended its dividend.

Put Traders Respond to Big Lots' Q1 Loss

Shares of Big Lots Inc. BIG, -5.50% tumbled 10.5% toward a 32-year low in premarket trading Friday, after the discount home essentials retailer reported a much wider-than-expected fiscal first-quarter loss and sales that also missed forecasts. Net losses for the quarter to April 29 swelled to $206.1 million, or $7.10 a share, from $11.1 million, or 39 cents a share, in the year-ago period.

Big Lots stock tumbles toward 32-year low after losses nearly double expectations, sales fall below forecasts

Big Lots (BIG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Big Lots (BIG) Q1 Earnings Expected to Decline

Company to Broadcast Conference Call COLUMBUS, Ohio , May 12, 2023 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) today announced it will report the results for the first quarter of fiscal 2023 on Friday, May 26, 2023. The company will host a conference call at 8:00 a.m.

Big Lots to Report First Quarter Results on May 26, 2023

Big Lots has been experiencing a continued decline in its sales since the pandemic, and it has accelerated its store closings throughout the US. The company is battling multiple obstacles including the closing of its furniture vendor, debt from remodeling, excessive inventory, and inflation issues.

Big Lots Value Remains During The Perfect Storm

Big Lots is facing economic headwinds in 2023 due to high inflation and interest rates impacting the consumer discretionary sector, specifically due to cautious spending habits and less discretionary. The company is focusing on expanding its store relevance. Additionally, optimizing its supply chain and driving productivity through cost-saving measures to drive growth and profitability.

Big Lots: Still Not A Buy, But A Value Play At $5

Starting today, shoppers can turn in an expired Bed Bath & Beyond coupon at any Big Lots store and receive 20% off their entire purchase of $50 or more* COLUMBUS, Ohio , April 27, 2023 /PRNewswire/ -- Big Lots Inc . (NYSE: BIG), one of America's largest home discount retailers, is assisting shoppers nationwide by exchanging all expired Bed Bath & Beyond coupons presented at any Big Lots store now through May 7, 2023.

Big Lots To Honor Now-Expired Bed Bath & Beyond Coupons Through May 7

Big Lots (NYSE: BIG ) stock is falling on Friday after the company's shares were hit with a downgrade by Piper Sandler analysts. This saw the firm's analysts drop shares of BIG stock from a “neutral” rating to a “sell” rating.

Big Lots (BIG) Stock Tumbles on Piper Sandler Downgrade

The consumer retail landscape in recent decades has continued to evolve at a rapid and interesting pace. Do consumers need discount stores like Dollar General ( DG , Financial) or does Wamart Inc. ( WMT , Financial) suit their needs?

Big Lots Is Struggling for Profitability

Carvana

Silvergate Capital Corp

World Wrestling Entertainment

Novavax

Offerpad Solutions

Wayfair

Thanks to social media platforms, retail investors learned firsthand the power of short-squeeze stocks. Essentially, through coordinated action, it's possible to overwhelm securities featuring heavy bearish sentiment.

7 Short-Squeeze Stocks That Are Breaking All the Rules

'BIG Cares 2022' highlights commitments and progress made across priority environmental, social and governance initiatives COLUMBUS, Ohio , April 19, 2023 /PRNewswire/ --  Big Lots Inc . (NYSE: BIG), one of America's largest home discount retailers, published its 2022 Environmental, Social and Governance (ESG) report, "BIG Cares 2022," concurrent with its proxy statement.

Big Lots Releases 2022 ESG Report

Enviva Partners

Intel

Kronos Worldwide

TELUS

Dividend stocks tend to be a strong equity subclass for investment in general. Most stocks that pay dividends tend to be stable because consistently returning earnings to shareholders is not always possible in weaker companies.

7 Dividend Traps to Avoid: Unmasking Risky Stocks With Shaky Business Outlooks

Dillard's

Upstart Holdings

Aravive Inc

GEO Group

Warby Parker

Although the concept of gambling on short-squeeze stocks present risks, certain market ideas drive hedge funds crazy. By this statement, I'm referring to companies that speculators believe in their hearts should tumble for various reasons.

7 Short-Squeeze Stocks That Are Driving Hedge Funds Crazy

Big Lots, Inc. is a historically profitable retailer trading far below book value, which may interest enterprising investors speculating on a turnaround. With only $300 million drawn down on the company's $900 million revolver, it appears Big Lots, Inc. has ample liquidity to survive short-term headwinds.

Big Lots: Why Are We Still Paying Big Dividends?

Cinemark Holdings

Cutera

Ebix

GameStop

Medical Properties Trust

Children's Place

Block

Trupanion

Voya Financial

Short sellers are getting bold again. And they've picked their favorite stock market targets to crash.

Short Sellers Are Betting Serious Money 11 Stocks Will Crash Soon

B&G Foods

Cogent Communications Holdings

FAT Brands

Telephone and Data Systems

Via Renewables

When it comes to dividend investing, knowing which dividend stocks to sell can be more important than knowing which dividend stocks to buy. Buying stocks for income/yield can oftentimes be like trying to pick up pennies in front of a steamroller.

7 Overvalued Dividend Stocks to Sell Before It's Too Late

SPDR S&P Bank ETF

Invesco KBW Bank ETF

SPDR S&P 500 ETF Trust

Financial Select Sector SPDR Fund

It seems like every day a new ETF launches, but 30 years in, it's only rarely that one makes me say “yes, this makes sense, and I can see how the ETF could fit into a broader portfolio.

A New Bank ETF Could Throw Its Weight Around Early

Big Lots (BIG) reports a narrower-than-expected loss per share for fourth-quarter fiscal 2022. Also, comparable sales fall 13% in the quarter and hurt overall sales.

Big Lots (BIG) Q4 Loss Narrower Than Expected, Revenues Fall Y/Y

Off-price and discount retailers are responding to an increasingly clear divide between deal chasers compared to other bargain shoppers as the opportunistic value-seeking trend has become more defined.

Big Lots Sees Year-Round Shift of Higher Income Bargain Hunting Shoppers

News for Big Lots Stock (BIG)