BIG News and Press, Big Lots Inc. From 05/26/23

2023-05-26 08:14:23 ET The futures pointed to mild upswing at the start of Friday's trading. Debt ceiling negotiations remained top-of-mind, amid reports that a deal could be close. Here are some stocks to watch on Friday: Marvell Technology ( NASDAQ: MRVL ) rallied in premark...

2023-05-26 07:17:47 ET Big Lots ( NYSE: BIG ) shares fell about 10% in premarket trading on Friday after falling short of Q1 expectations and suspending its dividend. The Ohio-based retailer reported a $3.40 per share loss on an adjusted basis, more than doubling the...

2023-05-26 07:11:26 ET On May 23, 2023, the Board of Directors of Big Lots ( NYSE: BIG ) declared a suspension of the dividend. The company did not execute any share repurchases during the first quarter and has $159M remaining under its December 2021 $250Mauthorization. Co...

2023-05-26 07:03:27 ET Big Lots press release ( NYSE: BIG ): Q1 Non-GAAP EPS of -$3.40 misses by $1.78 . Revenue of $1.12B (-18.2% Y/Y) misses by $70M . For Q2, the company expects comps to be down in the high-teens range, similar to Q1; Net new stores will add...

2023-05-25 13:03:03 ET The retailer sector took notice after Dollar Tree ( NASDAQ: DLTR ) missed estimates with its Q1 earnings report and cut its profit outlook. The discounter said it was not immune to the external pressures affecting all of retail, singling out an impact on m...

2023-05-25 10:41:56 ET Big Lots ( NYSE: BIG ) is scheduled to announce Q1 earnings results on Friday, May 26th, before market open. The consensus EPS Estimate is -$1.57 (-302.6% Y/Y) and the consensus Revenue Estimate is $1.19B (-13.1% Y/Y). Over the last 2 years, BIG ...

2023-05-24 12:02:25 ET In its preliminary annual 2023 Russell indexes reconstitution, the following consumer companies will be added to and deleted from the Russell microcap index: Notable additions: Stitch Fix ( SFIX ), Genius Brands ( GNUS ), 2U ( TWOU ), Big Lots ( ...

2023-05-22 12:00:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2023-05-19 15:00:19 ET Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week, or the Seeking Alpha earnings calendar ...

2023-05-19 13:30:53 ET Next week will see a number of key earnings reports from the retail, semiconductor and tech sectors. Retailers will take a large chunk of the spotlight, with Lowe’s ( NYSE: LOW ) especially under the microscope after an inauspicious report from Home Dep...