Big Lots Extends Partnership with the National Veterans Memorial and Museum to Support Veterans
This Memorial Day, national neighborhood discount retailer Big Lots, with the help of its customers, will be raising funds for the second year in a row for Veterans and their families through an in-store and online donation program
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COLUMBUS, Ohio, May 11, 2021 /PRNewswire/ Leading into the 2021 Memorial Day holiday, Big Lots, Inc. (NYSE: BIG) will be partnering for the second year in a row with the National Veterans Memorial and Museum (NVMM) in Columbus, Ohio, to support and impact the lives of Veterans and their families. As part of its ongoing corporate partnership, Big Lots will host an in-store and online fundraising drive from May 15 – 31, where customers nationwide will have the opportunity to donate to the organization at checkout. All proceeds will directly benefit the Memorial and Museum and its programming, while
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Big Lots Reports Record Full Year Performance
FULL YEAR COMPS UP 16.1% WITH EPS MORE THAN DOUBLE PRIOR YEAR
RECORD Q4 COMPS OF 7.9%
Q4 EPS OF $2.59 AHEAD OF GUIDANCE
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COLUMBUS, Ohio, March 5, 2021 /PRNewswire/ Big Lots, Inc. (NYSE: BIG) today reported net income of $98.0 million, or $2.59 per diluted share, for the fourth quarter of fiscal 2020 ended January 30, 2021, which compares to the company s guidance, as provided on January 13, 2021, of $2.40 to $2.50 per diluted share. Net income for the fourth quarter of fiscal 2019 was $93.8 million, or $2.39 per diluted share. Net sales for the fourth quarter of fiscal 2020 totaled $1,738 million, an 8.1% increase compared to $1,607 million for the same period last year, with the growth resulting from a 7.9% increase in comparable sales, and sales growth from new and relocated non-comp stores, offset by a slightly lower average store count year-over-year.
Big Lots Provides Business Update
QUARTER-TO-DATE COMPARABLE SALES UP APPROXIMATELY 7.5%; ECOMMERCE DEMAND UP APPROXIMATELY 135%
FOURTH QUARTER DILUTED EPS EXPECTED TO BE IN THE RANGE OF $2.40 TO $2.50
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COLUMBUS, Ohio, Jan. 13, 2021 /PRNewswire/ Big Lots, Inc. (NYSE: BIG) today provided an update on results for the fourth quarter of fiscal 2020. On a quarter-to-date basis, the company has achieved a comparable sales increase of approximately 7.5%, reflecting double-digit comps in all merchandise categories other than Seasonal, which is down by a mid-teen percentage due to low levels of Christmas inventory in December, and Food, which is up low single digits. Ecommerce demand quarter-to-date is up approximately 135%. The company has seen an acceleration in trends in January and, for the quarter as a whole, expects comps to increase slightly from the quarter-to-date rate.