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Big Lots Reaches Deal To Keep Hundreds Of Stores Open

Big Lots secures deal with Gordon Brothers Retail Partners to keep stores operational. Variety Wholesalers Inc. to acquire and operate Big Lots stores, pre...

Big Lots Announces 'Going Out Of Business' Sales Amid Bankruptcy Woes: 'Difficult Decision'

Discount retailer Big Lots says it is planning to start liquidating hundreds of locations nationwide after a sale to Nexus Capital Management fell through.

International Business Times · Dec 20, 2024

Bankrupt Big Lots Plans To Sell Company To Nexus Capital

The troubled retailer hopes to return to profitability in 2025

International Business Times · Sep 9, 2024

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Buy the BIG Move in Big Lots? Here’s What the Institutional Investors Have to Say.

Although a stronger-than-expected print for Big Lots’ second quarter got Wall Street excited about BIG stock, it’s important to consider what the institutional investors are thinking.

Barchart · Aug 30, 2023

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

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