News & Videos - BIG LOTS INC.

Big Lots Boosts Liquidity, Adds Borrowing Capacity with New Term Loan Facility PR Newswire COLUMBUS, Ohio, April 18, 2024 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), America's Discount Home Store, announced today it has increased its borrowing capacity by up to $200 million with a new "first in, last out" term loan facility (the "FILO Term Loan...

Big Lots Bolsters Global Product Sourcing with Launch of Asia-based Buying Offices PR Newswire COLUMBUS, Ohio, April 1, 2024 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-party agent's sourcing associates; expected to generate significant operational cost savings beginning in FY2024. Strengthens its platform for overseas procurement, assortment...

Big Lots supports the American Heart Association's Life is Why campaign as they champion women's heart health PR Newswire COLUMBUS, Ohio, March 14, 2024 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. During the month of February, American Heart Month, customers were invited to help women live longer, healthier lives by donating to the American...

Big Lots Reports Q4 and Full Year 2023 Results PR Newswire COLUMBUS, Ohio, March 7, 2024 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 adjusted operating profit since Q4 2021 Q4 GAAP EPS loss of $1.05 ; adjusted EPS loss of $0.28 Expect quarterly year-over-year gross margin improvements to continue through 2024 with a path to positive comparable...

Big Lots Appoints Maureen B. Short to its Board of Directors PR Newswire COLUMBUS, Ohio, March 5, 2024 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 March 1, 2024 . Ms. Short served as the Chief Financial Officer of Upbound Group, Inc. (formerly known as Rent-A-Center), a publicly traded, multi-site, and omni-channel retailer from 2016 to...

Big Lots Acquires Hearthsong Toy Inventory Reinforcing its Commitment to Extreme Values in Latest Closeout Deal PR Newswire COLUMBUS, Ohio, Feb. 22, 2024 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 . The acquisition brings the entire collection of high quality indoor and outdoor children's toys to Big Lots stores for the first time, ahead of...

Big Lots to Report Fourth Quarter and Full Year 2023 Results on March 7, 2024 PR Newswire COLUMBUS, Ohio, Feb. 12, 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 announced it will report its fourth quarter and full year 2023 results on March 7, 2024 . A live webcast with analysts and investors will also be held at 8:00 a.m. ET on March 7, 2024 ....

Big Lots Reports Q3 Results PR Newswire COLUMBUS, Ohio, Nov. 30, 2023 Q3 comparable sales in line with guidance; gross margin rate and adjusted expenses ahead of guidance Reiterating negative high-single-digit Q4 comp sales outlook with an approximately 38% gross margin rate; Q4 adjusted operating result expected to be ahead of last year, marking the first quarter of year-over-year improvement since Q1 2021 Expect quarterly year-over-year improvements to continue through 2024; Project...

Big Lots Appoints Off-Price Retail Veterans to Leadership Team PR Newswire COLUMBUS, Ohio, Nov. 30, 2023 Home Discount Retailer Names Kristen Cox SVP, Chief Stores Officer and Seth Marks To Newly Created Role of SVP, Extreme Value Sourcing COLUMBUS, Ohio , Nov. 30, 2023 /PRNewswire/ -- Big Lots, Inc . (NYSE: BIG), one of America's largest home discount retailers, today announced the appointment of two new leaders to fill roles on its senior leadership team. Experienced stores leader Kristen Cox...

Uber Eats Adds Big Lots As First National Home Discount Retailer PR Newswire SAN FRANCISCO, Nov. 21, 2023 Ahead of Black Friday, Big Lots joins growing list of North American retailers on the Uber Eats app for on-demand and scheduled delivery of must-have items SAN FRANCISCO , Nov. 21, 2023 /PRNewswire/ -- Today Uber Technologies (NYSE: UBER) announced a new nationwide partnership with Big Lots (NYSE:BIG), bringing the home discount retailer's massive selection to the Uber Eats app, furthering...

Big Lots to Report Third Quarter Results on November 30, 2023 PR Newswire COLUMBUS, Ohio, Nov. 16, 2023 Company to Broadcast Conference Call COLUMBUS, Ohio , Nov. 16, 2023 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) today announced it will report the results for the third quarter of fiscal 2023 on Thursday, November 30, 2023 . The company will host a conference call at 8:00 a.m. Eastern Time on Thursday , November 30, 2023. A live webcast of the call will be available through the Investor...

Black Friday Preview: Big Lots Delivering Holiday's Hottest Bargains in November, Including 50% Off Toys PR Newswire COLUMBUS, Ohio, Nov. 7, 2023 Big Lots Stores will be open on Thanksgiving Day from 7 a.m. to 9 p.m. with one-day deals like 50% off toys and an expanded selection of top toy brands like Barbie, Hot Wheels, Fisher Price, Vtech and more The deals continue on Black Friday through the weekend, with special deals Nov. 24-26 , including 50% off air fryers and cookware, $179.99 for...

Black Friday is Every Friday at Big Lots With Up To 50% Off Deals Now Through Dec. 22 PR Newswire COLUMBUS, Ohio, Oct. 6, 2023 Home Discount Retailer Offering Special One-Day Friday Deals On Items and Collections, Starting With 50% Off Deals Every Friday Throughout the Month of October COLUMBUS , Ohio , Oct. 6, 2023 /PRNewswire/ -- Big Lots, Inc . (NYSE: BIG), one of America's largest home discount retailers, is turning every Friday into a Black Friday-level sales event now through Dec. 22 ,...

Thinking about buying stock in Limbach Holdings, Aravive, Up Fintech Holding, YS Biopharma, or Big Lots? PR Newswire NEW YORK, Aug. 29, 2023 NEW YORK , Aug. 29, 2023 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for LMB, ARAV, TIGR, YS, and BIG. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link. LMB:...

Big Lots Reports Q2 Results PR Newswire COLUMBUS, Ohio, Aug. 29, 2023 Q2 comparable sales and adjusted expenses better than expected; gross margin rate improves year-over-year Q2 GAAP EPS loss of $8.56 ; adjusted EPS loss of $3.24 Sale/leaseback of California distribution center and 22 owned stores completed since quarter-end, with approximately $294 million of net proceeds Continue to expect business improvements in the back half of 2023, with a moderating comp sales decline and improving gross...

Big Lots to Report Second Quarter Results on August 29, 2023 PR Newswire COLUMBUS, Ohio, Aug. 15, 2023 Company to Broadcast Conference Call COLUMBUS , Ohio , Aug. 15, 2023 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) today announced it will report the results for the second quarter of fiscal 2023 on Tuesday, August 29, 2023 . The company will host a conference call at 8:00 a.m. Eastern Time on Tuesday , August 29, 2023. A live webcast of the call will be available through the Investor Relations...

Back to Campus HQ: Big Lots makes college move-in day easy with new deals on top brands, college essentials and limited-time décor collections PR Newswire COLUMBUS, Ohio, July 14, 2023 Home discount retailer a one-stop shop for furniture, bedding, food and snacks, beauty and personal care items and more COLUMBUS, Ohio , July 14, 2023 /PRNewswire/ -- Big Lots, Inc . (NYSE: BIG), one of America's largest home discount retailers, is making move-in day easy for students going to college this year...

Big Lots Announces Execution of $318 Million Sale and Leaseback Agreement for Distribution Center and 26 Owned Store Locations PR Newswire COLUMBUS, Ohio, July 5, 2023 Closing Expected Within 30 to 45 Days COLUMBUS, Ohio , July 5, 2023 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) today announced that it has entered into a sale and leaseback agreement with affiliates of Blue Owl Capital relating to the company's distribution center in Apple Valley, CA , and 26 owned store locations. The company...

Big Lots Reports Q1 Results PR Newswire COLUMBUS, Ohio, May 26, 2023 Q1 comparable sales and gross margins decline due to challenging macro environment and vendor disruption; operating expenses, excluding adjustments, better than expected Q1 GAAP EPS loss of $7.10 ; adjusted EPS loss of $3.40 External partner engagement has identified over $200 million of bottom-line opportunities across gross margin and SG&A over the next 18 months; opportunities are in addition to $100 million of structural...

Big Lots to Report First Quarter Results on May 26, 2023 PR Newswire COLUMBUS, Ohio, May 12, 2023 Company to Broadcast Conference Call COLUMBUS, Ohio , May 12, 2023 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) today announced it will report the results for the first quarter of fiscal 2023 on Friday, May 26, 2023 . The company will host a conference call at 8:00 a.m. Eastern Time on Friday , May 26, 2023. A live webcast of the call will be available through the Investor Relations section of its...