(USD) | Feb 2024 | Q/Q |
---|---|---|
Revenue | 1.4B | +40% |
Gross Profit | 544.4MM | +46% |
Cost Of Revenue | 888MM | +36% |
Operating Income | -23.8MM | -221% |
Operating Expenses | 568.2MM | - |
Net Income | -30.7MM | -747% |
G&A | 542.4MM | +3% |
Interest Expense | 10.8MM | -20% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
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By committing to smaller, rural markets, the retailer has room to grow its substantial store footprint, industry experts and company leaders say.
Big Lots' (BIG) launch of Asia-based buying offices represents a strategic leap forward in its quest to offer customers unparalleled value and variety.
The retailer said the initiative will create a stronger platform for overseas procurement and generate “significant” operational cost savings.
Big Lots (NYSE: BIG) America's Discount Home Store announced today that it has opened international buying offices strategically located in Shanghai, China and Ho Chi Minh City, Vietnam to enhance the company's competitiveness in sourcing products, including closeout deals and extreme bargains.
Now in its fourth year, Big Lots is supporting the work of the American Heart Association, the world's leading nonprofit organization focused on heart and brain health for all, through Life Is Why™. This annual cause marketing campaign is designed to raise awareness and funds as customers celebrate their reasons to live healthier, longer lives – by giving.
Dollar Tree is scaling back its presence after its acquisition of Family Dollar didn't go as planned.
Big Lots' (BIG) fourth-quarter fiscal 2023 results reflect lower sales. However, the company saw sequential improvement in comps and gross margin.
Big Lots ( NYSE:BIG ) Full Year 2024 Results Key Financial Results Revenue: US$4.72b (down 14% from FY 2023). Net loss...
Q4 2023 Big Lots Inc Earnings Call
CEO Bruce Thorn also said the retailer is expanding its assortment of bargain merchandise, which is expected to account for 75% of sales in 2024.