Management credited the progress to its Operation North Star strategy.

For more additional information, visit www.biglots.com. See you at the top! “We are excited to introduce our new store format to Union,” Joice Wirkus, senior vice president, marketing, at Big Lots, said. Mar 24, 2020, 9:54am EDT Big Lots Inc. is bolstering its workforce with hiring and temporary raises as it sees increased demand during the coronavirus pandemic.

fall camping), while the latter speeds up the checkout process. Data.MyCentralJersey.com: Search millions of NJ, US public records. Two-thirds of the way through its fiscal third quarter, management now expects to report a mid-teens percentage comps increase. Check to see what public employees earned in overtime now on Data.MyCentralJersey.com. Big Lots "Give Big For Kids" Point of Sale Donation Campaign Raises $2.6 Million In Support of Nationwide Children's Hospital, Big Lots Announces Spring Campaign to Fundraise on Behalf of Nationwide Children's Hospital and Its Behavioral Health Program, Big Lots Announces Grand Opening of Grandview, OH Store, Big Lots Raises More Than $3 Million for Nationwide Children's Hospital for the Fall 2017 Campaign, Big Lots Announces Grand Opening of Mesa, AZ Store, Big Lots Partners with Nationwide Children's Hospital on Fall Fundraising Campaign to Support Kids Everywhere, Big Lots and Its Customers Raise More Than $2.3 Million Benefiting Nationwide Children’s Hospital, Big Lots Partners with Nationwide Children's Hospital on Fundraising Campaign to Support Lifesaving Research, Big Lots Offers Variety of Last Minute Gifts, Big Lots 'Give Big for Kids' Campaign Raises $3.6 Million to Support Nationwide Children's Hospital. Offering merchandise that people want is great for business, but it's only part of the Big Lots story. Certainly, strengthening its offerings in the home furnishings category as part of its first objective -- driving profitable long-term growth -- has helped boost sales. 07/30/2020: Big Lots Announces Nationwide Same-Day Delivery Through Biglots.com : PDF.

In fiscal 2019, same-store sales rose by a tepid 0.3%.

©2019 Big Lots Stores, Inc., or their affiliates. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. Susan Loyer covers Middlesex County and more for MyCentralJersey.com. UNION - Big Lots is scheduled to open later this month in Union. When is the last time the overtime you received was more than your salary?

Management attributed those gains to people rushing out to buy more home products during the period's shelter-at-home mandates. To celebrate the grand opening, from Oct. 10 to Oct. 17 customers will receive a coupon for $10 off $40 upon check out to use towards a future Big Lots purchase, according to a release. It's time to take a deeper dive into the business and determine how likely it is that the retail chain will be able to continue boosting its top and bottom lines.

On Sept. 29, Big Lots provided an update for the current quarter that should ease any nagging doubts investors may have about the company's ability to keep its growth going. That combination makes Big Lots stock a compelling investment opportunity. The new store will be a showcase for the continued roll out of a new store layout and design across all Big Lots stores, both in new builds as well as in redesigns at existing locations, the release said. To get unlimited access to her work, please subscribe or activate your digital account today. However, the impact of the coronavirus wasn't entirely responsible for this year's gains. Big Lots was able to continue serving customers throughout the period as state authorities deemed it an "essential retailer" while many of its competitors had to close their doors to the public. Help MyCentralJersey continue to provide in-depth reporting like this. While it sounds like a simple business model, it is hard to execute, and the company certainly has competition in its niche.

Let's conquer your financial goals together...faster. We are also very proud to serve alongside the Union community and want our customers to know that we are continuing to invest in bringing them the best shopping experience.”. This would trounce analysts' consensus estimate of 10%.

Returns as of 10/28/2020. Date Title View; 04/24/2018: Big Lots "Give Big For Kids" Point of Sale Donation Campaign Raises $2.6 Million In Support of Nationwide Children's Hospital

Stay up to date on the latest news about the Big Lots corporation, from earnings releases, shareholder information, and more. Big Lots is also having success with other initiatives to support this goal, such as improving store presentation and growing e-commerce sales. Cumulative Growth of a $10,000 Investment in Stock Advisor, Can Big Lots Sustain Its Momentum?

Previous 5; Next Date Title View; 11/04/2014: Big Lots Helps Moms Nail This Holiday: PDF. Learn more about what makes Big Lots unique. ... View; 09/21/2020: Big Lots Engages Customers with On Our Sleeves® Movement; Supports Nationwide Children’s Hospital’s Efforts to Break the Stigma Surrounding Children’s Mental Health: PDF. “This redesign brings to life our new brand traits and showcases our assortment of affordable solutions in furniture, seasonal, home, food, and consumables.

Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Latest news from Big Lots. In the second quarter, which ended Aug. 1, adjusted earnings per share skyrocketed to $2.75 from $0.53 a year prior. Stock Advisor launched in February of 2002. 11/19/2015: Big Lots and Its Customers Raise $2.2 Million to Benefit Nationwide Children's Hospital The former groups goods from different areas to promote certain occasions (e.g. The fact that its stores were able to remain open through the pandemic no doubt helped.

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The stock also comes with a $0.30 quarterly dividend, which at current prices gives the stock a 2.7% yield. @themotleyfool #stocks $BIG, 3 Best Retail Apocalypse-Proof Stocks to Buy in October, If You Like Dollar General, You'll Love This Smaller Rival, Why Big Lots Stock Was Down Big on Friday, Copyright, Trademark and Patent Information. Big Lots' share price has more than tripled over the last six months, and as management continues to execute on its growth initiatives, there is potential for more upside. Importantly, the strong sales gains flowed to earnings too. Election 2020: Union County adds two more ballot drop box locations, please subscribe or activate your digital account today, Your California Privacy Rights/Privacy Policy. Find our latest subscription options and special offers here. As a closeout retailer, the appeal to shoppers is quality goods at an attractive price. However, recent results give me confidence that Big Lots can maintain the positive traction it has established, and it's now full steam ahead heading into the fiscal fourth quarter, which includes the important holiday shopping season. To celebrate the grand opening, from Oct. 10 to … Headquartered in Columbus, Ohio, Big Lots, Inc.is a discount retailer operating about 1,400 stores in 47 states, including in New Jersey in such communities as East Brunswick, South Plainfield and Woodbridge, according to its website. The new 24,065 square foot store is scheduled to open Oct. 10 at 2700 Route 22. However, the company should also get credit for strong execution and having the right merchandise assortment. READ: Election 2020: Union County adds two more ballot drop box locations. In more than 45% of its stores, management stated The Lot raised comps by one to two percentage points, and the Queue Line increased comps about one percentage point. In addition, management also introduced a couple of new initiatives during the period, including The Lot and Queue Line. Press releases of special interest to Investors can be found in Investor News.

BIG is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. Previously, he worked on Wall Street and independent research firms before devoting his attention to finding successful long-term investments for individual investors. Many retailers started reopening stores during the second quarter, but people were still drawn to Big Lots. One stock to keep an eye on is Big Lots (BIG). In its first two fiscal quarters, comps increased 10.3% and 31.3%, respectively. Latest news from Big Lots. UNION - Big Lots is scheduled to open later this month in Union. Big Lots (NYSE:BIG) has been on a roll this year, which is a nice change after its weak results coming into 2020. By contrast, the retailer has reported strong sales and earnings growth in 2020. Discover the next big thing at Big Lots with our News Center resources! Press releases of special interest to Investors can be found in Investor News. Big Lots (NYSE:BIG) has been on a roll this year, which is a nice change after its weak results coming into 2020.

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