BIG News and Press, Big Lots Inc. From 03/16/22

Inflation has hit its highest level in 40 years. The consumer defensive sector generally does well amid an inflationary environment. Both Costco (COST) and Big Lots (BIG) are well-positioned to benefit from this environment. So, the question becomes, which stock is a better buy right now? Rea...

Big Lots (NYSE:BIG) holders Mill Road's claims that the retailer may be worth $50-$70/share in a potential sale appear to "look optimistic," according to a BofA analyst.  The Mill Road "bull-case" appears to hinge on "cherry-picked" assumptions, BofA analyst Jason Haas, who has an underp...

Big Lots (NYSE:BIG) rose 15% after holder Mill Road Capital urged the retailer to hire an adviser to pursue a sale. Mill Road, which owns a 5.1% stake, believes the company could be worth $55 to $70/share in a potential sale, according to a letter in a 13D filing.  Developing story ...

Investors are pricing in the impact of inflation on pockets of consumer discretionary spending after the consumer price report showed inflation at 7.9% for February. Discounters Ollie's Bargain Outlet Holdings (OLLI -3.8%), Big Lots (BIG -5.2%), Tuesday Morning (TUES), Dollar Tree (DLTR -1.3%...

Company to Participate in Bank of America 2022 Consumer and Retail Technology Conference on Wednesday March 9th PR Newswire COLUMBUS, Ohio , March 4, 2022 /PRNewswire/ -- Big Lots announced today that the Company will participate in the Bank of America 2022 Consu...

The following slide deck was published by Big Lots, Inc. in conjunction with their 2021 Q4 earnings call. For further details see: Big Lots, Inc. 2021 Q4 - Results - Earnings Call Presentation

Big Lots Inc. (BIG) Q4 2021 Earnings Conference Call March 3, 2022 8:00 am ET Company Participants Jonathan Ramsden - Executive Vice President, Chief Financial Officer Jack Pestello - Executive Vice President, Chief Merchandising Officer Conference Call Participants Spencer Hanus - Wolfe Rese...

Retailer earnings provided a key theme during Thursday's pre-market trading. Best Buy (NYSE:BBY) led the way, posting a notable gain following the release of its quarterly results. BJ's Wholesale Club (NYSE:BJ) and Big Lots (NYSE:BIG) received a much chillier reception from Wall Street after ...

Big Lots press release (NYSE:BIG): Q4 Non-GAAP EPS of $1.75 misses by $0.14. Revenue of $1.73B (-0.6% Y/Y) beats by $10M. With regard to FY2022, the company is targeting both comparable sales and gross margin rate to be approximately flat to the prior year, with operating expenses deleveragin...

Big Lots Reports Q4 and Full Year Results Full Year Net Sales Again Exceed $6 Billion, Inclusive of a 13.2% Two-Year Comp Fourth Quarter Two-Year Comp of 5.4% Demonstrates Sustained Underlying Growth On Track to Open 50 Net New Stores in 2022 with a Long-Range Incrementa...