Big Lots Inc Stock Research

Market Summary

USD4.95-0.07

Delayedas of 01 Jun 2023, 01:24 pm

-1.39%

BIG Stock Price

BIG RSI Chart

BIG Valuation

Market Cap

145.4M

Price/Earnings (Trailing)

-0.69

Price/Sales (Trailing)

0.03

EV/EBITDA

-0.97

Price/Free Cashflow

-0.48

BIG Price/Sales (Trailing)

BIG Profitability

EBT Margin

-3.53%

Return on Equity

-18.97%

Return on Assets

-3.68%

Free Cashflow Yield

-208.9%

BIG Fundamentals

BIG Revenue

Revenue (TTM)

5.5B

Revenue Y/Y

-10.91%

Revenue Q/Q

28.14%

BIG Earnings

Earnings (TTM)

-210.7M

Earnings Y/Y

-125.01%

Earnings Q/Q

87.9%

Price Action

52 Week Range

4.7827.71

(Low)(High)

Last 7 days

-34.2%

Last 30 days

-42.6%

Last 90 days

-64.6%

Trailing 12 Months

-78.1%

BIG Financial Health

Current Ratio

1.5

BIG Investor Care

Dividend Yield

23.9%

Dividend/Share (TTM)

1.2

Shares Dilution (1Y)

1.70%

Diluted EPS (TTM)

-7.3

Peers (Alternatives to Big Lots)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
TGT	60.3B	109.1B	-16.67%	-17.56%	21.68	0.55	2.94%	-59.98%
DG	44.1B	37.8B	-8.64%	-8.53%	18.24	1.16	10.59%	0.70%
DLTR	29.8B	28.3B	-12.23%	-15.87%	18.47	1.05	7.64%	21.65%
BURL	9.8B	8.7B	-19.37%	-10.60%	42.51	1.12	-6.65%	-43.71%
FIVE	9.6B	3.1B	-12.34%	32.11%	36.64	3.11	8.00%	-6.20%
MID-CAP
LAD	6.4B	28.5B	2.69%	-23.11%	5.64	0.23	12.95%	-8.74%
OLLI	4.1B	1.8B	-15.76%	17.35%	40.31	2.27	4.22%	-34.72%
M	3.7B	24.4B	-15.38%	-42.11%	3.13	0.15	-0.07%	-17.69%
KSS	3.6B	18.1B	-14.71%	-54.02%	5.09	0.19	-6.87%	-102.03%
JWN	2.4B	15.5B	0.46%	-42.11%	10	0.16	5.01%	37.64%
SMALL-CAP
CWH	903.1M	6.8B	19.51%	1.71%	6.59	0.13	-3.23%	-54.58%
HZO	620.0M	2.3B	1.32%	-31.49%	3.91	0.27	4.17%	-12.83%
ZUMZ	313.2M	958.4M	-5.25%	-51.02%	14.89	0.33	-19.05%	-82.37%
PRTS	227.5M	671.0M	-10.32%	-44.91%	-113.58	0.34	11.16%	63.67%
BIG	145.4M	5.5B	-42.56%	-78.10%	-0.69	0.03	-11.09%	-218.52%

Financials for Big Lots

Income Statement (Last 12 Months)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Revenue	-3.3%	5,468,329,000	5,657,237,000	5,788,612,000	5,899,765,000	6,150,603,000
Gross Profit	-4.3%	1,913,503,000	1,998,684,000	2,108,405,000	2,247,654,000	2,397,007,000
S&GA Expenses	-0.8%	2,020,144,000	2,035,467,000	2,019,829,000	1,998,043,000	2,014,682,000
EBITDA	-138.1%	-34,643,000	90,939,000	251,584,000	-	-
EBITDA Margin	-139.0%	-0.01	0.02	0.04	-	-
Earnings Before Taxes	-40.6%	-280,417,000	-199,424,000	-68,545,000	95,616,000	231,811,000
EBT Margin	-197.7%	-0.04	-0.01	0.02	-	-
Interest Expenses	34.8%	20,280,000	15,043,000	11,071,000	9,463,000	9,281,000
Net Income	-42.0%	-210,708,000	-148,407,000	-49,724,000	72,133,000	177,778,000
Net Income Margin	-205.4%	-0.03	-0.01	0.01	-	-
Free Cahsflow	-27.1%	-326,442,000	-256,902,000	-379,149,000	-	-

Balance Sheet					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Assets	-8.5%	3,691	4,035	3,831	4,052	3,927
Current Assets	-16.0%	1,285	1,530	1,319	1,526	1,411
Cash Equivalents	-28.0%	45.00	62.00	49.00	62.00	54.00
Inventory	-14.7%	1,148	1,345	1,159	1,339	1,238
Net PPE	-3.8%	691	719	754	749	736
Current Liabilities	-10.1%	920	1,023	920	1,002	1,125
LT Debt, Non Current	-34.5%	301	460	253	271	4.00
Shareholder's Equity	-2.3%	764	782	891	980	1,007
Retained Earnings	-0.7%	3,240	3,262	3,374	3,467	3,487
Additional Paid-In Capital	0.5%	628	625	622	620	641
Shares Outstanding	0.0%	29.00	29.00	29.00	29.00	28.00

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Cashflow From Operations	10.4%	-144	-160	-83.80	-206	194
Share Based Compensation	-23.6%	15.00	19.00	24.00	31.00	40.00
Cashflow From Investing	32.7%	-108	-161	-169	-168	-159
Cashflow From Financing	-22.3%	244	315	9.00	-176	-539
Dividend Payments	-1.0%	37.00	37.00	38.00	40.00	42.00
Buy Backs	-89.0%	11.00	102	199	353	446

Risks for BIG

What is the probability of a big loss on BIG?

91.5%

Probability that Big Lots stock will be more than 20% underwater in next one year

90%

Probability that Big Lots stock will be more than 30% underwater in next one year.

72.7%

Probability that Big Lots stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does BIG drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Big Lots was unfortunately bought at previous high price.

Drawdowns

Returns for BIG

Cumulative Returns on BIG

-15.0%

10-Year Cumulative Returns

-25.9%

7-Year Cumulative Returns

-30.6%

5-Year Cumulative Returns

-47.4%

3-Year Cumulative Returns

What are the long-term rolling returns for BIG?

FIve years rolling returns for Big Lots.

Annualized Returns

Which funds bought or sold BIG recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-05-23	Toroso Investments, LLC	new	-	228,000	228,000	-%
2023-05-22	AMERIPRISE FINANCIAL INC	reduced	-65.25	-3,724,110	1,302,890	-%
2023-05-18	NEW YORK STATE COMMON RETIREMENT FUND	reduced	-33.68	-162,000	158,000	-%
2023-05-18	JPMORGAN CHASE & CO	added	56.86	125,000	871,000	-%
2023-05-17	Thrivent Financial for Lutherans	reduced	-3.33	-121,000	315,000	-%
2023-05-17	Sunbelt Securities, Inc.	reduced	-90.24	-202,981	15,003	-%
2023-05-17	Advisory Services Network, LLC	sold off	-	-	-	-%
2023-05-16	SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC	reduced	-25.32	-665,421	835,919	0.02%
2023-05-16	Rockefeller Capital Management L.P.	sold off	-100	-	-	-%
2023-05-16	SRS Capital Advisors, Inc.	reduced	-96.43	-30,834	844	-%

Latest Funds Activity

Are funds buying BIG calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own BIG

No. of Funds

Big Lots News

Schedule 13G FIlings of Big Lots

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2023	ninety one uk ltd	6.03%	1,747,490	SC 13G
Feb 10, 2023	lsv asset management	3.42%	989,935	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	vanguard group inc	11.32%	3,278,685	SC 13G/A
Jan 26, 2023	blackrock inc.	17.0%	4,914,596	SC 13G/A
Jan 20, 2023	blackrock inc.	17.0%	4,914,596	SC 13G/A
Oct 25, 2022	mill road capital iii, l.p.	0.5%	157,351	SC 13D/A
Jun 01, 2022	mill road capital iii, l.p.	5.1%	1,462,851	SC 13D/A
Mar 15, 2022	mill road capital iii, l.p.	5.1%	1,462,851	SC 13D
Mar 10, 2022	fmr llc	-	0	SC 13G/A

BIG Fair Value

Show Fair-Value

Recent SEC filings of Big Lots

View All Filings

Date Filed	Form Type	Document
May 30, 2023	8-K	Current Report
May 26, 2023	4	Insider Trading
May 26, 2023	4	Insider Trading
May 26, 2023	4	Insider Trading
May 26, 2023	4	Insider Trading
May 26, 2023	4	Insider Trading
May 26, 2023	4	Insider Trading
May 26, 2023	4	Insider Trading
May 26, 2023	4	Insider Trading
May 26, 2023	4	Insider Trading

Latest Insider Trading transactions for BIG

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-05-24	Chambers James R	acquired	-	-	19,003	-
2023-05-24	GOTTSCHALK MARLA C	acquired	-	-	19,003	-
2023-05-24	Newton Kimberley Alexis	acquired	-	-	19,003	-
2023-05-24	Reardon-Sayer Nancy	acquired	-	-	19,003	-
2023-05-24	DiGrande Sebastian	acquired	-	-	19,003	-
2023-05-24	JAMISON CYNTHIA T	acquired	-	-	32,110	-
2023-05-24	McCormick Christopher J	acquired	-	-	19,003	-
2023-05-24	Schoppert Wendy Lee	acquired	-	-	19,003	-
2023-05-24	Campos Sandra Yvette	acquired	-	-	19,003	-
2023-04-06	Mueller Andrej	acquired	-	-	9,069	executive vice president

About Big Lots

Bruce K. Thorn

www.biglots.com

36200

Big Lots, Inc., through its subsidiaries, operates as a home discount retailer in the United States. The company offers products under various merchandising categories, such as furniture category that includes upholstery, mattresses, case goods, and ready-to-assemble departments; seasonal category, which comprises patio furniture, gazebos, Christmas trim, and other holiday departments; soft home category that consists of fashion and utility bedding, bath, window, decorative textile, home organization, area rugs, home dÃƒÂ©cor, and frames departments; and food category that includes beverage and grocery, candy and snacks, specialty foods, and pet departments. It also provides merchandise under the consumables category, which comprises health, beauty and cosmetics, plastics, paper, and chemical departments; hard home category, including small appliances, tabletops, and food preparation and stationery products; home maintenance and organization products; toys; and accessories category consisting of apparel, electronics, jewelry, apparel, and hosiery departments. As of January 29, 2022, it operated 1,431 stores in 47 states and an e-commerce platform. Big Lots, Inc. was founded in 1967 and is headquartered in Columbus, Ohio.

BIG Income Statement

2023-01-28

Consolidated Statements of Operations and Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Income Statement [Abstract]
Net sales	$ 5,468,329	$ 6,150,603	$ 6,199,186
Cost of sales (exclusive of depreciation expense shown separately below)	3,554,826	3,753,596	3,701,800
Gross margin	1,913,503	2,397,007	2,497,386
Selling and administrative expenses	2,020,144	2,014,682	1,965,555
Depreciation expense	154,859	142,572	138,336
Gain on sale of distribution centers	0	0	(463,053)
Operating (loss) profit	(261,500)	239,753	856,548
Interest expense	(20,280)	(9,281)	(11,031)
Other income (expense)	1,363	1,339	(911)
(Loss) income before income taxes	(280,417)	231,811	844,606
Income tax (benefit) expense	(69,709)	54,033	215,415
Net (loss) income and comprehensive (loss) income	$ (210,708)	$ 177,778	$ 629,191
Earnings (loss) per common share
Earnings per common share - basic (in dollars per share)	$ (7.30)	$ 5.43	$ 16.46
Earnings per common share - diluted (in dollars per share)	$ (7.30)	$ 5.33	$ 16.11

BIG Balance Sheet

2023-01-28

Consolidated Balance Sheets - USD ($) $ in Thousands	Jan. 28, 2023	Jan. 29, 2022
Current assets:
Cash and cash equivalents	$ 44,730	$ 53,722
Inventories	1,147,949	1,237,797
Other current assets	92,635	119,449
Total current assets	1,285,314	1,410,968
Operating lease right-of-use assets	1,619,756	1,731,995
Property and equipment - net	691,111	735,826
Deferred income taxes	56,301	10,973
Other assets	38,449	37,491
Total assets	3,690,931	3,927,253
Current liabilities:
Accounts payable	421,680	587,496
Current operating lease liabilities	252,320	242,275
Property, payroll, and other taxes	71,274	90,728
Accrued operating expenses	111,752	120,684
Insurance reserves	35,871	36,748
Accrued salaries and wages	26,112	45,762
Income taxes payable	845	894
Total current liabilities	919,854	1,124,587
Long-term debt	301,400	3,500
Noncurrent operating lease liabilities	1,514,009	1,569,713
Deferred income taxes	0	21,413
Insurance reserves	58,613	62,591
Unrecognized tax benefits	8,091	10,557
Other liabilities	125,057	127,529
Shareholders' equity:
Preferred shares - authorized 2,000 shares; $0.01 par value; none issued	0	0
Common shares - authorized 298,000 shares; $0.01 par value; issued 117,495 shares; outstanding 28,959 shares and 28,476 shares, respectively	1,175	1,175
Treasury shares - 88,536 shares and 89,019 shares, respectively, at cost	(3,105,175)	(3,121,602)
Additional paid-in capital	627,714	640,522
Retained earnings	3,240,193	3,487,268
Total shareholders' equity	763,907	1,007,363
Total liabilities and shareholders' equity	$ 3,690,931	$ 3,927,253