Big Lots, Inc. (BIG) Stock Price, Quote & News - Stock Analysis

Big Lots, Inc. (BIG)

NYSE: BIG · IEX Real-Time Price · USD
4.710
+1.000 (26.95%)
At close: May 14, 2024, 4:00 PM
4.800
+0.090 (1.91%)
After-hours: May 14, 2024, 5:59 PM EDT
26.95%
Market Cap 139.00M
Revenue (ttm) 4.72B
Net Income (ttm) -481.88M
Shares Out 29.51M
EPS (ttm) -16.53
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 9,863,423
Open 4.660
Previous Close 3.710
Day's Range 4.150 - 5.630
52-Week Range 3.130 - 11.060
Beta 2.36
Analysts Sell
Price Target 4.17 (-11.47%)
Earnings Date May 24, 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]

Industry Discount Stores
Founded 1967
Employees 10,000
Stock Exchange NYSE
Ticker Symbol BIG
Full Company Profile

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 Statements

Analyst Forecast

According to 6 analysts, the average rating for BIG stock is "Sell." The 12-month stock price forecast is $4.17, which is a decrease of -11.47% from the latest price.

Price Target
$4.17
(-11.47% downside)
Analyst Consensus: Sell
Stock Forecasts

News

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...

26 days ago - PRNewsWire

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...

6 weeks ago - PRNewsWire

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...

2 months ago - PRNewsWire

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.

2 months ago - Investopedia

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...

2 months ago - Market Watch

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...

2 months ago - PRNewsWire

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 ...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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.

Other symbols: PLCE
3 months ago - Market Watch

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.

3 months ago - Barrons

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...

3 months ago - Market Watch

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.

3 months ago - Invezz

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...

3 months ago - PRNewsWire

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...

5 months ago - PYMNTS

Big Lots Stock Rises as Retailer Is 'Playing Offense' in Its Turnaround

Big Lots expects fourth-quarter operating results to improve from a year earlier, which would mark the first quarterly year-over-year improvement in about three years.

5 months ago - Barrons

Big Lots stock up 7% after company posts narrower-than-expected Q3 adjusted loss

Big Lots Inc.'s stock BIG, +10.09% rose 7% in early trade Thursday, after the wholesaler posted a narrower-than-expected third-quarter adjusted loss. Columbus, Ohio-based Big Lots had net income of $4...

5 months ago - Market Watch

Big Lots Reports Q3 Results

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...

5 months ago - PRNewsWire

Big Lots Appoints Off-Price Retail Veterans to Leadership Team

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. (NY...

5 months ago - PRNewsWire

Uber Eats Adds Big Lots As First National Home Discount Retailer

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/ -...

Other symbols: UBER
6 months ago - PRNewsWire

Big Lots to Report Third Quarter Results on November 30, 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 Thursd...

6 months ago - PRNewsWire

Black Friday Preview: Big Lots Delivering Holiday's Hottest Bargains in November, Including 50% Off Toys

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...

6 months ago - PRNewsWire

FourKites Recognizes Customers Including Bayer, Big Lots, Reynolds Consumer Products and Others for Outstanding Achievements in Supply Chain Visibility

CHICAGO--(BUSINESS WIRE)--Leading supply chain visibility provider FourKites has announced the recipients of its annual customer awards, celebrating exceptional customer and partner achievements, inge...

Other symbols: BAYRYREYN
8 months ago - Business Wire

Big Lots Shares Soar After Reporting Smaller-Than-Expected Loss as Demand Improves

Shares of Big Lots (BIG) skyrocketed over 26% on Tuesday after the discount furniture and home products retailer posted a lower-than-expected loss and decline in sales as customer demand improved.

9 months ago - Investopedia

Big Lots stock jumps on narrower-than-expected loss

Yahoo Finance Live anchors Rachelle Akuffo and Brad Smith break down the earnings and stock moves for Big Lots. Shares of discount retailer Big Lots (BIG) are rising sharply in early trading after rep...

9 months ago - Yahoo Finance

Big Lots posts narrower-than-expected loss

Big Lots Inc. stock BIG, +2.45% was up 12% in premarket trades Tuesday after the Columbus, Ohio retailer posted a narrower-than-expected adjusted loss. Big Lots reported a second-quarter net loss of $...

9 months ago - Market Watch