Profile
Sector:
Consumer DefensiveIndustry:
Discount StoresCountry:
United StatesIPO:
20 June 1985Website:
http://www.biglots.comNext earnings report:
29 November 2024Last dividends:
16 March 2023Next dividends:
N/APrice
regular market | Fri, 01 Nov 2024 13:30:00 GMTAnalysts recommendations
Institutional Ownership
BIG Latest News
In collaboration with Stop Soldier Suicide and Children of Fallen Patriots, Big Lots launches donation campaign and offers special in-store discounts to support military families COLUMBUS, Ohio , Nov. 4, 2024 /PRNewswire/ -- Big Lots (OTC: BIG) will honor veterans and active military members throughout November with exclusive discounts, recognition of veteran associates and partnerships with national nonprofits dedicated to supporting military families. In partnership with Stop Soldier Suicide and Children of Fallen Patriots, Big Lots will launch a point-of-sale donation campaign, allowing customers to donate at checkout and receive $5 off a purchase of $15 or more.
November 1 Falloweenmas Events offers additional savings on top of bargain pricing for seasonal fall, Halloween, and Christmas items Every Friday is Black Friday now at Big Lots through December 6 COLUMBUS, Ohio , Oct. 31, 2024 /PRNewswire/ -- Big Lots (OTC: BIG) announces the opening of its Holiday Shop with a special one-day sale event, "Falloweenmas," taking place on Friday, November 1. This unique event offers a mash up of incredible deals on seasonal items across fall, Halloween, and Christmas holiday decor, making it the perfect opportunity to stock up on festive items for the season.
HARRISBURG, Pa., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today announced that it was the winning bidder in the latest bankruptcy sale process to acquire eight additional former Big Lots store leases. The eight stores were part of a bankruptcy auction for the second wave of Big Lots store closures, which included 170 stores. The acquisition of the eight additional store leases are subject to final bankruptcy court approval and customary closing conditions. Including these eight additional Big Lots locations, the Company has acquired a total of 15 former Big Lots store leases to date.
All outdoor Halloween Decor will be 20% off Oct. 3-6, in stores (with coupon) and online 'Black Friday Fridays' continue at Big Lots with 50% off all fall decorations only on Oct. 4 Fall savings continue with the 'Primetime Cyber Sale,' 20% off home categories Oct. 7-9 COLUMBUS, Ohio , Oct. 3, 2024 /PRNewswire/ -- Big Lots, Inc. (OTC: BIG), today unveiled new "fall Into Savings" deals including special savings on fall and outdoor Halloween decorations, home categories and more, beginning today, Oct. 3. Fall savings begin with 20% off all outdoor Halloween decor, Oct. 3-6, in stores (get coupon here) and online.
HARRISBURG, Pa., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today announced that it was the winning bidder in a bankruptcy sale process to acquire seven former Big Lots, Inc. (“Big Lots”) store leases. The seven stores were part of a bankruptcy auction for the first wave of Big Lots store closures, which included 143 stores. Six of the seven stores have already completed the sale hearing process and received final approval from the United States Bankruptcy Court for the District of Delaware. The remaining one store is subject to final bankruptcy court approval and customary closing conditions.
Three days after Big Lots announced a Chapter 11 restructuring and acquisition by Nexus Capital Management, Big Lots President and CEO Bruce Thorn offered an overview of the company's performance and strategic direction during the second-quarter earnings call Thursday (Sept. 12). Second-quarter comparable sales fell 14.
And CEO Tom Shea from the newly public OneStream joins us to talk about what the company can do for customers.
As Big Lots embarks on a Chapter 11 restructuring and prepares for acquisition by Nexus Capital Management, retail analysts are evaluating the company's future amid a challenging market. They note this bankruptcy filing not only signals deep-rooted issues in Big Lots' business model, but also underscores the economic pressures confronting it.
Discount home goods retailer Big Lots has filed for Chapter 11 bankruptcy protection, citing high interest rates and a sluggish housing market that have dampened demand for its low-priced furniture and decor. The filing comes as the company faces significant financial challenges, including declining sales and mounting debt.
Big Lots, which sells furniture, home decor and other items, said in a statement that high inflation and interest rates have hurt its business as consumers have pulled back on their home and seasonal product purchases
What type of business is Big Lots?
Big Lots, Inc. is engaged in retail trade in the United States. It sells furniture, household goods, electronics, seasonal products, clothing, pet supplies, toys, personal hygiene products, and food. The company has more than 1400 supermarkets in 47 states and is constantly expanding its store network. The company only trades in America, as its attempt to actively enter the Canadian market was unsuccessful due to low sales. However, the company actively collaborates with global manufacturers of various products and sells products from well-known brands in its stores. Its partner is Progressive Leasing. Through this method, the company only sells sofas, mattresses, and seasonal furniture. Big Lots, Inc. was founded in 1967 and is headquartered in Columbus, Ohio.
What sector is Big Lots in?
Big Lots is in the Consumer Defensive sector
What industry is Big Lots in?
Big Lots is in the Discount Stores industry
What country is Big Lots from?
Big Lots is headquartered in United States
When did Big Lots go public?
Big Lots initial public offering (IPO) was on 20 June 1985
What is Big Lots website?
https://www.biglots.com
Is Big Lots in the S&P 500?
No, Big Lots is not included in the S&P 500 index
Is Big Lots in the NASDAQ 100?
No, Big Lots is not included in the NASDAQ 100 index
Is Big Lots in the Dow Jones?
No, Big Lots is not included in the Dow Jones index
When was Big Lots the previous earnings report?
No data
When does Big Lots earnings report?
The next expected earnings date for Big Lots is 29 November 2024