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.

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?

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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

Big Lots (BIG) delivered earnings and revenue surprises of 59.42% and 0.36%, respectively, for the quarter ended January 2023. Do the numbers hold clues to what lies ahead for the stock?

Big Lots (BIG) Reports Q4 Loss, Lags Revenue Estimates

Shares of Big Lots Inc. BIG, -4.32% edged up 0.5% in premarket trading Thursday, after the discount home essentials retailer reported a narrower-than-expected fiscal fourth-quarter loss but missed on sales and provided a downbeat outlook. The company swung to net loss for the quarter to Jan. 28 of $12.46 million, or 43 cents a share, from net income of $49.8 million, or $1.63 a share, in the year-ago period.

Big Lots stock ticks up as much narrower-than-expected losses offset misses on sales and a downbeat outlook

Q4 comparable sales and gross margins in line with guidance; expenses, excluding adjustments, better than expected Q4 GAAP EPS loss of $0.43; adjusted EPS loss of $0.28 Right-sized inventory position and strengthened balance sheet with asset monetization Expect to drive significant business improvements during FY 2023 For the Q4 Results Presentation, Please Visit:  https://www.biglots.com/corporate/investors COLUMBUS, Ohio , March 2, 2023 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) today reported a net loss of $12.5 million, or $0.43 per share, for the fourth quarter of fiscal 2022 ended January 28, 2023. This result includes a net after-tax charge of $4.4 million, or $0.15 per share, associated with the net impact of store asset impairment charges and a gain on the sale of real estate and related expenses.

Big Lots Reports Q4 and Full Year 2022 Results

COLUMBUS, Ohio , March 2, 2023 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) today announced that on February 28, 2023 the Board of Directors declared a quarterly cash dividend of $0.30 per common share for the first quarter of fiscal 2023. The dividend will be paid on March 31, 2023, to shareholders of record as of the close of business on March 17, 2023.

Big Lots Announces Quarterly Dividend on Common Shares

Big Lots' (BIG) fourth-quarter fiscal 2022 performance is most likely to have been hurt by a tough operating landscape including inflationary pressures.

Here's How Big Lots (BIG) is Placed Ahead of Q4 Earnings

Company to Broadcast Conference Call COLUMBUS, Ohio , Feb. 16, 2023 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) today announced it will report the results for the fourth quarter of fiscal 2022 on Thursday, March 2, 2023. The company will host a conference call at 8:00 a.m.

Big Lots to Report Fourth Quarter Results on March 2, 2023

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The risk-reward on both the standalone chart and the relative strength chart looks appealing. We touch upon the vast array of fundamental challenges that the company faces.

Big Lots: Dichotomy Between The Fundamental And Technical Landscapes

Big Lots has had mixed Q3 2022 earnings which can largely be attributed to the anomaly of 2021. The company is well-diversified and has the components to make it a resilient company in economic uncertainty.

Big Lots: Great Bond Alternative For Income Investors

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Big Lots' (BIG) strategic efforts, including omnichannel initiatives and Operation North Star, bode well for growth.

Big Lots (BIG) Rides on Growth Strategies: Time to Hold?

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The discount retailer boasts a healthy dividend yield.

Is Big Lots' Near 7% Dividend Yield Safe?

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Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?

Big Lots' (BIG) Q3 results are hurt by the challenging macroeconomic environment and rising inflation. It issues a bleak Q4 view.

Big Lots (BIG) Q3 Loss Wider Than Expected, Revenues Miss

The company posted a wide loss and a large comparable sales decline.

Why Big Lots Stock Was Sliding Today

News for Big Lots Stock (BIG)