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Big Lots (NYSE: BIG) has been on a roll this year, which is a nice change after its weak results coming into 2020. In fiscal 2019, same-store sales rose by a tepid 0.3%. By contrast, the retailer has reported strong sales and earnings growth in 2020. The fact that its stores...
The burden of COVID-19 may finally be easing. But for retailers that were already in trouble before the coronavirus took hold, it's too little, too late. Look for more retail bankruptcies in the weeks and months ahead. That industry's headwind isn't a universal one though. Some retailer...
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Big Lots (BIG) +5% expects FQ3 EPS of of $0.50 to $0.70.vs.$0.21 consenus.Q3 comparable sales will increase in the mid-teens.This guidance incorporates expected share repurchase activity for Q3. For further details see: Big Lots +5% on guiding Q3 EPS well above consensus ...
Big Lots Engages Customers with On Our Sleeves® Movement; Supports Nationwide Children's Hospital's Efforts to Break the Stigma Surrounding Children's Mental Health PR Newswire COLUMBUS, Ohio, Sept. 21, 2020 COLUMBUS, Ohio , Sept. 21, 2020 /PRNewswire/ -...
Discount store Dollar General (NYSE: DG) has dominated its sliver of the retail arena in recent years. Savvy growth initiatives have helped pump up its footprint to more than 16,000 stores, nearly doubling the number of locations in place as of a decade ago. Its mix of the right staples at t...
COLUMBUS, Ohio , Sept. 9, 2020 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) today announced it will be participating in the Goldman Sachs 27 th Annual Global Retailing Conference, which will be a virtual event this year. Bruce Thorn , President & CEO of Big Lots, Jonathan Rams...
The stock of Big Lots (NYSE: BIG) outpaced a booming market in August, jumping 20% compared with the S&P 500 's 7% increase, according to data provided by S&P Global Market Intelligence . That uptick pushed shares well ahead of the market in 2020. After bottoming at a loss of more...
I have separated my long-running Investor section from Weighing the Week Ahead. My hope is to highlight ideas for the long-term investor. In my last investment post I applied the key concepts of the matrix to the deeply bifurcated market - FAANG and everything else. The Great Reset research ...
Specialty retail is getting bruised up after a string of earnings reports disappointed in the sector and some general macroeconomic anxiety. More news on: The Michaels Companies, Inc., Conn's, Inc., Kirkland's, Inc., Consumer stocks news, Stocks on the move, Read more ...
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Big Lots Partners with Make-A-Wish America for First-Ever Joint Point-of-Sale Campaign to Support Children with Critical Illnesses PR Newswire National partnership will help bring essential support to children with critical illnesses COLUMBUS, Ohio , July 2, ...