BIG News and Press, Big Lots Inc. From 05/26/22

Discount stores are big gainers on Thursday after strong earnings results from Dollar General (NYSE:DG +12.0%) and Dollar Tree (NASDAQ:DLTR +18.7%). Both dollar stores indicated that demand remained robust in the first quarter, with net and comparable sales for both retailers rising above est...

Analysts are piling skepticism on Big Lots (NYSE:BIG) ability to outperform earnings expectations of late. Adding to a recent bearish review from Piper Sandler, Bank of America analyst Jason Haas wrote that unprecedented promotional activity at the retailer leads him to “expect a BIG m...

Big Lots kicks off summer savings with 'inflation-busting' discounts, new ad series PR Newswire ' Bridesmaids' star Wendi McLendon-Covey encourages customers to create their backyard oasis at Big Lots in new ad campaign COLUMBUS, Ohio , Ma...

Big Lots is dealing with a tough macro environment but aiming high with its long-term revenue and operating margin targets. Cost inflation and supply chain disruptions are pressurizing margins. BIG is one of the cheapest retailers available in the market today using EV/EBIT and EV...

The crushing week in retail saw mall stocks like Ross Stores (ROST) -22%, Boot Barn (BOOT) -18%, Shoe Carnival (SCVL), Abercrombie & Fitch (ANF) -14%, Chico's FAS(CHS) -13%, Burlington Stores (BURL) -13%, Cato Corporation (CATO) -12% and Urban Outfitters (URB...

Big Lots (NYSE:BIG) shares dropped Friday as Piper Sandler cut its price target for the home discount retailer from $34 to $29. The brokerage maintained a neutral rating on the stock. Shares are currently down 7.4% to $27.14 and is down ~42.62% YTD. Peers Ollie's Bargain O...

Target’s (NYSE:TGT -25.3%) stunning earnings report is provoking steep slides across discount retailers. Target (TGT) reported a big miss on the bottom line, blaming increased costs related to freight, supply chain disruptions, and increased compensation and headcount in distribution c...

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Big Lots to Report First Quarter Results on May 27, 2022 PR Newswire Company to Broadcast Conference Call COLUMBUS, Ohio , May 13, 2022 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) today announced it will report the results for the first quarter...

Big Lots raises funds for National Veterans Memorial and Museum in honor of Memorial Day PR Newswire Home discount retailer to offer additional savings to customers who donate COLUMBUS, Ohio , May 12, 2022 /PRNewswire/ -- Big Lots, Inc...