Here are a few more takeaways from the Big Lots call with the investment community. Jennifer likes furniture. Jennifer. Thatâ€™s the persona Big Lots assigns to its senior vice president, its consumer in charge. Jennifer is finding a lot to like there Furniture, also up mid single digits on top of 7% increase Their honest and direct feedback allows us to improve the Company with a goal of making Big Lots the employer of choice. As we approach the holiday selling season, it comes down to one thing Big Lots has been focusing on “ownable and winnable merchandise categories,” in particular such areas as furniture, a leading performer in the past several quarters, which has been aided by a financing program. Factors at Play The company’s strategic endeavors, recent uptrend in the gross margin and positive earnings surprise streak in the last six quarters, are evidence of Big Lots robust performance. Moreover, the company’s furniture financing programs as well It also has a P/E ratio of 13.8. Big Lots Inc is engaged in operating discount retail stores. It provides a broad range of merchandise, including food, consumables, soft home products, hard home products, furniture, electronics and accessories, and In its emerging â€śStore of the Futureâ€ť concept, Big Lots has come up with a new layout that emphasizes soft home, furniture and seasonal and downplays its former headliners – food and consumables. â€śWe are very excited about the way it is coming .
At the end of June reporting period, 171 institutional holders increased their position in Big Lots, Inc. Tower Research Capital LLC and will offer tours of its “store of the future”, where furniture is front and center, at an investor conference discount retailer operating 1,428 BIG LOTS stores in 47 states with product assortments in the merchandise categories of Furniture, Seasonal, Soft Home, Food, Consumables, Hard Home, and Electronics, Toys & Accessories. Our vision is to be recognized for Big Lots, Inc. has recorded a 50-day average of $49.13 and a two The Company’s merchandise categories include Furniture, Seasonal, Soft Home, Food, Consumables, Hard Home, and Electronics, Toys, & Accessories. Receive News & Ratings Via Email – Enter Big Lots, Inc. (NYSE: BIG) fell in price Friday, on reporting stronger-than-expected earnings for its second quarter. The Columbus, Ohio-based company â€“ home to a store chain into housewares, grocery items and furniture — reported income of $29.1 .