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Stock impact report

Big Lots: What Happens After the Coronavirus Passes? [The Motley Fool]

Big Lots, Inc. (BIG) 
Last big lots, inc. earnings: 2/27 04:05 pm Check Earnings Report
US:NYSE Investor Relations: biglots.com/corporate/investors
Company Research Source: The Motley Fool
Deemed an essential business,Big Lots(NYSE:BIGsame-store salesWith this kind of performance, it's no wonder the stock's return has been negative over the last five years, lagging both the 00 00 Retail Indexesactivist investorsWhile Big Lots is fortunate to remain open during these trying times, the pandemic isn't the only issue that has weighed on the stock recently. The company was already off to a sluggish start in the first quarter when it reported fourth-quarter earnings at the end of February, before the widespread stay-at-home orders (although there were supply chain disruptions). This leads to the question of whether Big Lots is up for the challenges when we get back to the new normal.Image source: Getty images.A turnaround strategyManagement implemented Operation North Star in late 08 and early 09. There are three objectives: drive long-term profitable growth, fund the journey, and (by accomplishing the first two) create long-term shareholder value.Driving long-term profitable Show less Read more
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