Big Lots Stock News

Shares of Big Lots Inc. were indicated down less than 1% in premarket trading Thursday, after the discount retailer reported fiscal fourth-quarter profit and that missed expectations while sales topped, citing a "tough" month of January, and provided a downbeat outlook for the current quarter. Net income for the quarter to Jan. 29 fell to $49.8 million, or $1.63 a share, from $98.0 million, or $2.59 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share of $1.75 was below the FactSet consensus of $1.89. Sales slipped 0.3% to $1.73 billion, topping the FactSet consensus of $1.72 billion, as same-store sales fell 2.3% to beat expectations of a 3.1% decline. Gross margin declined to 37.3% from 39.4%. "January was a tough month as inclement weather and the Omicron spike caused a slowdown in our business, further impacted by inventory delays in key areas," said Chief Executive Bruce Thorn. "However, as we have moved into 2022, we have seen these factors abate, and sales are regaining traction." For the first quarter, the company expects EPS of $1.10 to $1.20 and a "low double-digit" percentage decline in sales.

Big Lots press release (BIG): Q4 Non-GAAP EPS of $1.75 misses by $0.14.Revenue of $1.73B (-0.6% Y/Y) beats by $10M.With regard to FY2022, the company is targeting both comparable…

COLUMBUS, Ohio, March 3, 2022 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) today reported net income of $49.8 million, or $1.63 per diluted share, for the fourth quarter of fiscal 2021 ended January 29, 2022. This result includes an after tax charge of $3.8 million, or $0.12 per diluted…

Big Lots, Inc. (NYSE:BIG) stepped into the earnings confessional this morning, reporting fourth-quarter profits that fell short of Wall Street's estimates.

Big Lots (BIG) delivered earnings and revenue surprises of -7.41% and 0.06%, respectively, for the quarter ended January 2022. Do the numbers hold clues to what lies ahead for the stock?

Big Lots Inc (NYSE: BIG) reported a fourth-quarter FY21 sales decline of 0.3% year-on-year, to $1.73 billion, beating the consensus of $1.72 billion. Comparable sales decreased 2.3% versus a 7.9% i

Shares of Big Lots Inc. BIG, +8.94% were indicated down less than 1% in premarket trading Thursday, after the discount retailer reported fiscal fourth-quarter profit and that missed expectations while

Big Lots' (BIG) fourth-quarter fiscal 2021 performance is most likely to have been hurt by supply-chain headwinds and other pandemic-related concerns.

Big Lots' (BIG) fourth-quarter fiscal 2021 performance is most likely to have been hurt by supply-chain headwinds and other pandemic-related concerns.

Big Lots (NYSE:BIG) is scheduled to announce Q4 earnings results on Thursday, Mar. 3, before market open.Consensus EPS estimate is $1.89 (-27% Y/Y)

Analysts have provided the following ratings for Big Lots (NYSE: BIG ) within the last quarter: Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 4 2 1 Last 30D 0 0 1 0 0 1M Ago 0 0 0 1 0 2M Ago 0 0 2 1 0 3M Ago 0 0 1 0 1 These 7 analysts have an average price target of $45.29 versus the current price of Big Lots at $34.78, implying upside. Below is a summary of how these 7 analysts rated Big Lots over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock … Full story available on Benzinga.com

These investments seem pretty vulnerable right now.

Big Lots found using ticker (BIG) now have 9 analysts covering the stock with the consensus suggesting a rating of ''Hold''. The range between the high target price and low target price is between 63 and 38 with a mean TP of 49.56. Given that the stocks previous close was at 34.76 this is indicating there is a potential upside of 42.6%. The 50 day moving average now sits at 41.5 while the 200 day moving average is 50.94. The company has a market cap of $1,088m. You can visit the company''s website by visiting: https://www.biglots.com [stock_market_widget type="chart" template="basic" color="green" assets=BIG" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $1,552m based on the market concensus. Big Lots, through its subsidiaries, operates as a retailer in the United States. The company offers products under various merchandising categories, such as furniture category that includes upholstery, mattress, case goods, and ready-to-assemble departments; seasonal category, which comprises patio furniture, gazebos, Christmas trim, and other holiday departments; soft home category that consists of fashion and utility bedding, bath, window, decorative textile, home organization, area rugs, home décor, and frames departments; and food category that includes beverage and grocery, candy and snacks, and specialty foods departments.

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.

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.