How shoppers can get their hands on Big Lots ‘going out of business’ sales Big Lots initially filed for Chapter 11 bankruptcy in September The Independent UK · Dec 20, 2024
Why Big Lots Shares Are Plunging Today Big Lots Inc (NYSE:BIG) reported a first-quarter FY22 revenue decline of 15.4% year-over-year to $1.37 billion, missing the consensus of $1.46 billion. Comparable sales decreased 17% versus an 11.3% increase last year. Ecommerce accounted for 7% of total sales in the quarter. The gross margin for the quarter decreased 350 basis points Y/Y… Benzinga · May 27, 2022
Why Are Big Lots Shares Trading Lower Today 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% increase last year. On a two-year basis, comparable sales increased 5.4%. The gross margin for the quarter decreased 210 basis points Y/Y to 37.3%.… Benzinga · Mar 3, 2022