Big Lots, Inc. (BIG)
| Market Cap | 32.06M |
| Revenue (ttm) | 4.61B |
| Net Income (ttm) | -480.84M |
| Shares Out | 29.68M |
| EPS (ttm) | -16.43 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,368,743 |
| Open | 1.130 |
| Previous Close | 1.090 |
| Day's Range | 1.065 - 1.170 |
| 52-Week Range | 1.000 - 11.060 |
| Beta | 2.26 |
| Analysts | Sell |
| Price Target | 3.30 (+205.56%) |
| Earnings Date | Aug 27, 2024 |
About BIG
Big Lots, Inc., through its subsidiaries, operates as a home discount retailer in the United States. The company offers products under various merchandising categories, such as furniture category that includes upholstery, mattresses, home décor, case goods, and ready-to-assemble departments; seasonal category, which comprises patio furniture, gazebos, Christmas trim, lawn and garden, and other holiday departments; soft home category consists of apparel, hosiery, jewelry; frames, fashion and utility bedding, bath, window, decorative textiles, an... [Read more]
Financial Performance
In 2023, Big Lots's revenue was $4.72 billion, a decrease of -13.65% compared to the previous year's $5.47 billion. Losses were -$481.88 million, 128.7% more than in 2022.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for BIG stock is "Sell." The 12-month stock price forecast is $3.3, which is an increase of 205.56% from the latest price.
News
Top 5 Consumer Stocks That May Explode In Q3
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Big Lots is closing stores in 2024, joins growing list of retailers at risk of bankruptcy
Discount retail chain Big Lots is planning to close at least 35 stores this year amid falling sales and speculations that it may declare bankruptcy.
Big Lots closing dozens of stores, putting survival in question
Big Lots announced last month in an SEC filing that it will be closing 35 to 40 stores this year, despite opening three new ones. The company operates more than 1,300 U.S. stores.
Big Lots to shutter stores, may file for bankruptcy as shoppers hurt by ‘elevated inflation'
The nationwide home goods retailer reported inflation has hit hard, resulting in yearly losses and a reliance on dwindling cash.
Big Lots Partners with Make-A-Wish America for First-Ever Joint Point-of-Sale Campaign to Support Children with Critical Illnesses
National partnership will help bring essential support to children with critical illnesses COLUMBUS, Ohio , July 2, 2024 /PRNewswire/ -- Today, Big Lots announces the launch of the first-ever joint po...
JPMorgan says Big Lots' struggles could benefit this closeout-retail rival
Last week, discount retailer Big Lots Inc. raised bigger concerns about its ability to stay afloat, as losses pile up and its lower-income shoppers struggle under a two-year inflation spike. This week...
Big Lots Left With Big Challenge After Results Show Consumer Squeeze
Downbeat first quarter results for Big Lots did little to stem the bleed out of stock value this week, as the cost of living squeeze hit hard pressed customers at the home discount retailer.
Big Lots: Shoppers Are Holding off on Big-Ticket Discretionary Purchases
Still feeling strain on their budgets from ongoing macroeconomic challenges, consumers are cutting out pricy nonessential purchases, according to Big Lots. On Thursday (June 6), the discount home good...
Big Lots' stock slides 7% after retailer posts bigger-than-expected loss
Big Lots Inc.'s BIG, +6.34% stock slid 7% premarket Thursday, after the discount home-essentials retailer posted a wider-than-expected fiscal first-quarter loss as consumers remained stressed and avoi...
Big Lots Reports Q1 Results
Q1 comparable sales decline due to challenging consumer environment; gross margins significantly improved year-over-year and continued reductions in adjusted operating expenses Q1 GAAP EPS loss of $6....
Big Lots to Report First Quarter Results on June 6, 2024
Company to Broadcast Conference Call COLUMBUS, Ohio , May 17, 2024 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) today announced it will report the results for the first quarter of fiscal 2024 on Thursda...
Big Lots Boosts Liquidity, Adds Borrowing Capacity with New Term Loan Facility
Enhances ability to pursue extreme bargain deals and unmistakable value for consumers as part of its five key actions COLUMBUS, Ohio , April 18, 2024 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG), Americ...
Big Lots Bolsters Global Product Sourcing with Launch of Asia-based Buying Offices
Big Lots enhances its competitiveness to source products, including closeout deals and other extreme bargains, with two new Asia-based buying offices. Offices will integrate previous exclusive third-p...
Big Lots supports the American Heart Association's Life is Why campaign as they champion women's heart health
For the fourth year in a row, Big Lots has raised funds and awareness for women's heart health through participation in the American Heart Association's Life is Why point-of-sale donation campaign. Du...
Big Lots Revenue Fell, Loss Widened in Q4, But Company Projects Margin Improvement
Big Lots (BIG) on Thursday reported a wider than expected quarterly loss, as well as a decline in revenue, as demand slowed and the company faced cost pressures.
Big Lots' stock turns higher as ‘extreme bargains' set stage for sales to bottom
Shares of Big Lots Inc. rallied Thursday to reverse an earlier sharp loss after the discount home-essentials retailer provided an upbeat gross-margin outlook and said same-store sales may bring an end...
Big Lots Reports Q4 and Full Year 2023 Results
Q4 2023 comparable sales, gross margin rate, expenses, and inventory in line with guidance Q4 GAAP operating loss of $24 million; adjusted operating profit of $1 million; first quarter of positive a...
Big Lots Appoints Maureen B. Short to its Board of Directors
COLUMBUS, Ohio , March 5, 2024 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG), America's Discount Home Store, today announced that Maureen B. Short has been appointed to its Board of Directors, effective ...
Big Lots Acquires Hearthsong Toy Inventory Reinforcing its Commitment to Extreme Values in Latest Closeout Deal
In a strategic move reflecting Big Lots' deep closeout heritage, the retail and liquidation pioneer has purchased award-winning toy company Hearthsong's full inventory, valued at more than $22 million...
Big Lots, Express and Children's Place could spell more trouble for commercial real estate, Barclays says
Signs of distress at retailers Big Lots Inc., Express and the Children's Place could spell more trouble for the reeling commercial-real-estate market, according to Barclays Research.
Big Lots Stock Is Tumbling. The Outlook Is ‘Very Concerning,' Analyst Says.
Loop Capital analyst Anthony Chukumba downgraded Big Lots stock to Sell from Hold. The retailer's “financial situation is becoming increasingly precarious,” he wrote.
Big Lots' stock tumbles, as Wall Street's top bear sees more than 80% downside
Shares of Big Lots Inc. were in danger of having their worst day in four years on Monday, after Loop Capital warned investors away from the discount home essentials retailer, citing a “precarious” fin...
Plot thickens for Big Lots stock price as it slips from $66 to $4
Big Lots (NYSE: BIG) stock price continued its freefall this week as concerns rose about its future. The shares collapsed by more than 30% in the pre-market session, moving to the key support at $4.
Big Lots to Report Fourth Quarter and Full Year 2023 Results on March 7, 2024
Company Provides Preliminary Unaudited Results Commentary for the Fourth Quarter COLUMBUS, Ohio , Feb. 12, 2024 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG), America's Discount Home Store, today announc...
Big Lots Focuses on ‘Extreme' Bargains as Food Sales Dip
Big Lots says its quarterly earnings show the impact of a cautious consumer. The discount retailer's numbers, released Thursday (Nov. 30), showed comparable sales down 13.2%, as shoppers demonstrated...