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Big Lots (NYSE:BIG -9.1%) could be in for more big declines yet, according to JP Morgan. Shares of the Columbus, Ohio-based retailer reeled on Friday after reporting stark slowdowns in sales and ballooning inventory that will hang over shares for the foreseeable future. Yet, JP Morgan analyst...
Big Lots, Inc. (BIG) Q1 2022 Results Conference Call May 27, 2022 08:00 AM ET Company Participants Bruce Thorn - President & Chief Executive Officer Jonathan Ramsden - Executive Vice President & Chief Financial Officer Conference Call Participants Spencer Hanus - Wolfe Research Joe Fe...
Big Lots (NYSE:BIG) shares cratered on Friday after the company missed analyst estimates by a wide margin and voiced little confidence in the quarters ahead. The Columbus, Ohio-based discount retailer reported a surprise EPS loss of $0.37, a whopping $1.37 below expectations, alongside a $90M...
Big Lots press release (NYSE:BIG): Q1 GAAP EPS of -$0.39 misses by $1.37. Revenue of $1.37B (-16.0% Y/Y) misses by $90M. Shares -12% PM. 3-year comparable sales growth of 2% with significant slowdown in April. For Q2, the company expects three-year comps to accelerate to positive mid to high-...
Big Lots (NYSE:BIG) is scheduled to announce Q1 earnings results on Friday, May 27th, before market open. The consensus EPS Estimate is $0.94 (-64.1% Y/Y) and the consensus Revenue Estimate is $1.46B (-10.4% Y/Y). Over the last 2 years, BIG has beaten EPS estimates 75% of the time and has bea...
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...
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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, ...