Big Lots has entered into a sale and leaseback agreement with affiliates of Blue Owl Capital covering the company’s distribution center in Apple Valley, CA, and 26 owned store locations in a deal expected to raise a net $310 million for the retailer. The company...
Big Lots reported lower sales and extended losses on a year-over-year basis in its first quarter. Net loss was $206.1 million, or $7.10 per diluted share, versus a net loss of $11.1 million, or 39 cents per diluted share, in the year-previous quarter, the company...
Big Lots announced it will accept expired Bed Bath & Beyond coupons presented at any Big Lots store through May 7, 2023. Shoppers presenting any Bed Bath & Beyond coupon will receive 20% off their entire purchases of $50 or more. The Big Lots program follows...
Despite a drop into losses, Big Lots managed to beat a Wall Street earnings estimate and come out just below a revenue estimate. Net loss in the quarter by Big Lots was $12.5 million, or 43 cents per diluted share, versus net income of $49.8 million, or $1.63 per...
Big Lots had a tough third quarter but vows it’s making progress on turning financials around. For the third quarter, Big Lots recorded a net loss of $103 million, or $3.56 per share, versus $4.3 million, or 14 cents per diluted share, in the year-prior period. With...
