BIG Stock Recent News

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 $6.99; adjusted EPS loss of $4.51 Expect significant quarterly year-over-year gross margin rate improvements through 2024, with a path to positive comparable sales later in the year  On track to achieve 75% bargains penetration and, within that, 50% extreme bargains penetration by year-end Raising Project Springboard cumulative savings target in 2024; ahead of schedule to achieve most of the $200 million+ benefit by year-end  Ended Q1 with $289 million of liquidity, including availability under the company's new $200 term loan facility For the Q1 Results Presentation, Please Visit: https://www.biglots.com/corporate/investors COLUMBUS, Ohio , June 6, 2024 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) today reported a net loss of $205.0 million, or $6.99 per share, for the first quarter of fisca

If there's one takeaway from Q1 retail earnings that have been pouring in the last few weeks, it's that the US consumer may not be as resilient as they were to inflationary pressures in 2023.

While it's always fun to see the ideas on your buy list perform well, long-term success is dependent on recognizing stocks to sell. No, it's often not a comfortable topic to broach.

Big Lots (BIG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

If you're on the fence about which stocks to sell as we head into June, keep reading. Three equities stand out in the present market and should be sold before June to prevent potentially significant losses.

Finding possibilities and possible hazards is equally important when making investments. Here, three stocks carry dangers that should be avoided before June to protect the portfolios.

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 Thursday, June 6, 2024. The company will host a conference call at 8:00 a.m.

Since the onset of the Covid-19 pandemic, the retail industry has gone through tremendous volatility. Initially, there was a boom effect for many retailers.

Big Lots' (BIG) strategic move to bolster liquidity and enhance borrowing capacity signals a proactive stance in navigating dynamic market conditions.

Big Lots' (BIG) launch of Asia-based buying offices represents a strategic leap forward in its quest to offer customers unparalleled value and variety.