Big Lots, Inc.

BIG

Valor de mercado US$ 14,7 mi

Big Lots, a retailer operating around 1,400 stores and employing over 30,000 workers, has been grappling with declining sales over the past few quarters, putting pressure on its balance sheet.

Company to Report Results on September 12 COLUMBUS, Ohio , Sept. 6, 2024 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) today announced it has postponed the release of its financial results for the second quarter of fiscal 2024 ended August 3, which had previously been scheduled for September 6.

Big Lots, Inc. BIG is set to release earnings results for its second quarter, before the opening bell on Friday, Sept. 6.

Discount retailer Big Lots is considering filing for bankruptcy as it faces declining sales, according to a report citing people familiar with the situation.

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.

Discount retailer Big Lots (BIG) is reportedly seeking investors to avoid filing for Chapter 11 bankruptcy protections after an extended decline in sales and several quarters of losses.

Nvidia (NVDA) shares are falling after the artificial intelligence (AI) darling's quarterly earnings beat failed to impress investors; Dell Technologies (DELL) shares are dipping ahead of its second-quarter results after the bell; Salesforce (CRM) shares are jumping after its earnings surpassed estimates; business review site Yelp (YELP) is suing Alphabet's (GOOGL) Google; and Big Lots (BIG) shares are tumbling as the home retailer reportedly mulls a bankruptcy filing. U.S. stock futures are little changed, with Friday's inflation report expected to show cooling price pressures and reinforce expectations of a rate cut by the Federal Reserve.

Big Lots is reportedly considering bankruptcy amid continued declines in sales. The off-price home goods retailer received a loan earlier this year to help it navigate a liquidity crunch and is now seeking investors in an attempt to avoid bankruptcy, Bloomberg reported Wednesday (Aug. 28), citing unnamed sources.

Closeout Deal Includes Halloween Indoor and Outdoor Décor; Children, Adult and Pet Costumes; and Trick-or-Treat Essentials For 50-70% Less Than Original Retail Pricing COLUMBUS, Ohio , Aug. 20, 2024 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG), today announced the acquisition of its biggest extreme bargain Halloween closeout ever after purchasing a well-known national party supply retailer's overstock, originally valued at $11 million. The deal covers hundreds of new Halloween items, including indoor and outdoor décor; costumes for adults, children and pets; pumpkin carving kits; tableware; trick-or-treat essentials; apparel and more that will be sold for 50-70% less than their original retail prices.

Company to Broadcast Conference Call COLUMBUS, Ohio , Aug. 15, 2024 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) today announced it will report the results for the second quarter of fiscal 2024 on Friday, September 6, 2024. The company will host a conference call at 8:00 a.m.