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.

Shares of Big Lots Inc. BIG, +1.46% tumbled 14.1% in premarket trading Thursday, after the discount home essentials retailer reported a wider-than-expected fiscal third-quarter loss, disappointing sales and provided a downbeat outlook amid a "challenging macroeconomic environment." Net losses for the quarter to Oct. 29 widened to $103.0 million, or $3.56 a share, from $4.3 million, or 14 cents a share, in the year-ago period.

Big Lots stock tumbles after wider-than-expected loss, sales miss and downbeat outlook

Big Lots' (BIG) third-quarter fiscal 2022 performance is most likely to have been hurt by supply-chain headwinds and inflationary pressures.

Factors Setting the Tone for Big Lots' (BIG) Q3 Earnings

Big Lots (BIG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Big Lots (BIG) Expected to Beat Earnings Estimates: Should You Buy?

Company to Broadcast Conference Call COLUMBUS, Ohio , Nov. 17, 2022 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) today announced it will report the results for the third quarter of fiscal 2022 on Thursday, December 1, 2022. The company will host a conference call at 8:00 a.m.

Big Lots to Report Third Quarter Results on December 1, 2022

Off-Price Retail Industry Veteran Margarita Giannantonio named Chief Merchandising Officer and Proven Marketing Leader John Alpaugh named Chief Marketing Officer COLUMBUS, Ohio , Nov. 9, 2022 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG), one of America's largest home discount retailers, today announced the appointment of two new members of its leadership team. Off-price retail industry veteran Margarita Giannantonio has been named Chief Merchandising Officer and retail industry brand and performance marketing leader John Alpaugh has joined Big Lots as Chief Marketing Officer.

Big Lots Selects Retail Industry Veterans As Next Chief Merchandising Officer and Chief Marketing Officer

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Discount retailer previews Black Friday deals, announces expanded offering of top toy brands COLUMBUS, Ohio , Nov. 2, 2022 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG), one of America's largest home discount retailers, has expanded its selection of the hottest toys for the holidays, including big brands like Barbie, Hot Wheels, Fisher-Price and more, and is offering 50% off toys, select recliners for $239 and buy-one-get-one free on all apparel in stores and online on Thanksgiving Day. The bargains continue all weekend long with three-day deals beginning Black Friday, including 50% off all air fryers, select sofas for $299 and 50% off select holiday decor.

Big Lots to offer 50% off toys, one-day deals on Thanksgiving Day

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While high-yielding dividend stocks may provide the security investors want at this time, many of them could be dividend traps. These stocks come with high yields that are unlikely to be sustainable over the long term.There could also be a situation where a company may be paying more dividends than its net income.

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In March, Mill Road unveiled its initial stake and, in a letter to Big Lots' shareholders, supported management.

Mill Road Capital III Sells Most of its 5.1% Big Lots (BIG) Stake

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For investors looking for safer counters to bet their hard-earned money on, dividend-paying stocks such as Kroger (KR), Home Depot (HD), Target (TGT) and Big Lots (BIG) are preferable options.

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Big Lots (BIG) reported earnings 30 days ago. What's next for the stock?

Big Lots (BIG) Down 12.2% Since Last Earnings Report: Can It Rebound?

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With stocks still in a bear market, adding dividend stocks may look very appealing right now. Even if the overall market keeps dropping, stocks with steady payouts could still produce positive returns for your portfolio.

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Big Lots (BIG) partners with DoorDash to provide customers with on-demand delivery of bargains, treasures and home essentials.

Big Lots (BIG) Joins DoorDash to Aid Home Essentials' Delivery

DoorDash

On-demand delivery of bargain-priced merchandise will be available to consumers under a new partnership between Big Lots and DoorDash.

Big Lots Partners With DoorDash to Meet Consumer Demand for Delivery

COLUMBUS, Ohio , Sept. 15, 2022 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG), one of America's largest home discount retailers, announced today a new partnership with DoorDash to offer customers on-demand delivery of its bargains, treasures and home essentials from more than 1,400 Big Lots stores across 48 states.

Big Lots and DoorDash partner to provide on-demand access to bargains, treasures and home essentials

Investors prefer an income-generating stock and dividend-paying stocks such as Target (TGT) and Big Lots (BIG) are preferable options.

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Not only do these companies pay out impressive dividends, but they also show potential for substantial growth over time.

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Big Lots (BIG) reports a narrower-than-expected loss per share for second-quarter fiscal 2022. Also, comparable sales fall 9.2% in the quarter and hurt overall sales.

Big Lots' (BIG) Q2 Loss Narrower than Expected, Revenues Fall Y/Y

With discretionary retail taking the brunt of the economic damage this year, Big Lots (NYSE: BIG ) proved it's not over until it's over. BIG stock jumped Tuesday morning following a better-than-expected performance for the underlying company's second-quarter earnings report.

Big Lots (BIG) Stock Surges 6% as Earnings Beat Analyst Estimates

Big Lots, Inc. (NYSE:BIG ) Q2 2022 Earnings Conference Call August 30, 2022 8:00 AM ET Company Participants Alvin Concepcion - VP, IR Bruce Thorn - President and CEO Jonathan Ramsden - EVP, CFO and Chief Administrative Officer Conference Call Participants Spencer Hanus - Wolfe Research Krisztina Katai - Deutsche Bank Jason Haas - Bank of America Zachary Donnelly - KeyBanc Alvin Concepcion Good morning. This is Alvin Concepcion, Vice President of Investor Relations at Big Lots.

Big Lots, Inc. (BIG) Q2 2022 Earnings Call Transcript

Retail name Big Lots Inc (NYSE:BIG) just entered the earnings confessional with second-quarter losses of $2.91 per share, which was slimmer than analysts expected.

Slimmer-Than-Expected Q2 Losses Boost Big Lots Stock

Big Lots (BIG) delivered earnings and revenue surprises of 4.60% and 0.31%, respectively, for the quarter ended July 2022. Do the numbers hold clues to what lies ahead for the stock?

Big Lots (BIG) Reports Q2 Loss, Misses Revenue Estimates

Big Lots Inc. shares [s big] rose 2.6% premarket Tuesday, after the wholesaler posted a narrower-than-expected second-quarter loss and sales that edged ahead of consensus. The Columbus, Ohio-based company had a net loss of $84.2 million, or $2.91 a share, for the quarter to July 30, after earnings of $37.7 million, or $1.09 a share, in the year-earlier period.

Big Lots stock up 2.6% premarket after Q2 loss is smaller-than-expected and sales edges ahead of consensus

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.

News for Big Lots Stock (BIG)