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Big Lots

Logo: Big Lots, Public domain, via Wikimedia Commons4

American discount retail company

Big Lots Stores, Inc. (stylized as Big Lots!) is an American discount retail chain, specializing in the sale of closeout and overstock merchandise.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

$4.7BRevenue, fiscal 20245
-$481.9MNet income, fiscal 20245
1967Founded1

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  • TickerBIG on NYSE1
  • Industryretail1
  • HeadquartersColumbus1
  • Websitewww.biglots.com
  • Incorporated inOH6
  • Business address4900 E Dublin Granville Rd, Columbus, Oh 43081-76516
  • Filer categoryAccelerated filer6
Wal-Mart (Now Big Lots) Garner Station Raleigh, NC 2 (7849055496)
Photo: Mike Kalasnik from Fort Mill, USA, CC BY-SA 2.0, via Wikimedia Commons8

Big Lots Stores, Inc. (stylized as Big Lots!) is an American discount retail chain, specializing in the sale of closeout and overstock merchandise. Founded in 1967 as Consolidated Stores, the chain is headquartered in Columbus, Ohio, and includes over 200 locations across the United States.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

35.7%Gross margin5
-8.2%Operating margin5
-10.2%Net margin5
-13.6%Revenue growth, 20245
-169.4%Return on equity5
1.43×Debt to equity5
-$315.1MFree cash flow5

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Cost of revenue58¢$3.0B
  • Selling, general and admin41¢$2.1B
  • Interest1¢$44.8M
  • Income tax1¢$49.8M

Out of $4.7B in revenue.5 The company lost money this year.

Financial statements

Revenue9101112135$4.7B in 2024−9% since 2017
0$2.0B$4.0B$6.0B$8.0B2017: $5.2B$5.2B20172018: $5.3B$5.3B2018+1%2019: $5.2B$5.2B2019−0%2020: $5.3B$5.3B2020+2%2021: $6.2B$6.2B2021+16%2022: $6.2B$6.2B2022−1%2023: $5.5B$5.5B2023−11%2024: $4.7B$4.7B2024−14%
Gross profit9101112135$1.7B in 2024−20% since 2017
0$1.0B$2.0B$3.0B2017: $2.1B$2.1B20172018: $2.1B$2.1B2018+2%2019: $2.1B$2.1B2019−1%2020: $2.1B$2.1B2020−0%2021: $2.5B$2.5B2021+18%2022: $2.4B$2.4B2022−4%2023: $1.9B$1.9B2023−20%2024: $1.7B$1.7B2024−12%
Operating income9101112135-$387.4M in 2024
-$500.0M0$500.0M$1.0B2017: $248.0M$248.0M20172018: $301.4M$301.4M2018+22%2019: $218.5M$218.5M2019−27%2020: $334.8M$334.8M2020+53%2021: $856.5M$856.5M2021+156%2022: $239.8M$239.8M2022−72%2023: -$261.5M-$261.5M20232024: -$387.4M-$387.4M2024+48%
Net income9101112135-$481.9M in 2024
-$500.0M0$500.0M$1.0B2017: $152.8M$152.8M20172018: $189.8M$189.8M2018+24%2019: $156.9M$156.9M2019−17%2020: $242.5M$242.5M2020+55%2021: $629.2M$629.2M2021+159%2022: $177.8M$177.8M2022−72%2023: -$210.7M-$210.7M20232024: -$481.9M-$481.9M2024+129%
Fiscal year20172018201920202021202220232024
Revenue$5.2B9$5.3B10$5.2B11$5.3B12$6.2B13$6.2B5$5.5B5$4.7B5
Cost of revenue$3.1B9$3.1B10$3.1B11$3.2B12$3.7B13$3.8B5$3.6B5$3.0B5
Gross profit$2.1B9$2.1B10$2.1B11$2.1B12$2.5B13$2.4B5$1.9B5$1.7B5
Selling, general and admin$1.7B9$1.7B10$1.8B11$1.8B12$2.0B13$2.0B5$2.0B5$2.1B5
Operating income$248.0M9$301.4M10$218.5M11$334.8M12$856.5M13$239.8M5-$261.5M5-$387.4M5
Interest$5.1M9$6.7M10$10.3M11$16.8M12$11.0M13$9.3M5$20.3M5$44.8M5
Income tax$91.5M9$105.5M10$50.7M11$75.1M12$215.4M13$54.0M5-$69.7M5$49.8M5
Net income$152.8M9$189.8M10$156.9M11$242.5M12$629.2M13$177.8M5-$210.7M5-$481.9M5
Earnings per share$3.379$4.4310$3.8411$6.1812$16.4613$5.435-$7.305-$16.535
Earnings per share (diluted)$3.329$4.3810$3.8311$6.1612$16.1113$5.335-$7.305-$16.535

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The story

Early years

The first closeout store, Odd Lots, opened in 1982 in Columbus. Due to a naming conflict with Revco’s Odd Lot Trading Co., the company rebranded its stores outside of Ohio as Big & Small Lots, later consolidating all stores under the Big Lots name.

Consolidated Stores was also an investor in the DeLorean Motor Company and took possession of unsold vehicles after the automaker’s 1982 bankruptcy. The company went public in 1985 on the American Stock Exchange and switched to the New York Stock Exchange in 1986 under the symbol CNS.

During the 1990s, Consolidated acquired Toy Liquidators (1994) and KB Toys (1996), which it later sold to Bain Capital in 2000. In 1998, it purchased MacFrugals (Pic ‘N’ Save) for $995 million in stock. The company was renamed Big Lots, Inc. in 2001, changing its ticker symbol to BLI, and later to BIG in 2006. In 2005, it closed 170 stores, including all standalone furniture locations.

Big Lots Wholesale

Big Lots operated a wholesale division for over 34 years through Big Lots Wholesale, Consolidated International, and Wisconsin Toy. The division, which sold merchandise in bulk, was closed at the end of fiscal year 2013.

Big Lots Canada

In July 2011, Big Lots acquired Canadian closeout retailer Liquidation World Inc. for $20 million, marking its first expansion outside the United States. The first Canadian store opened in April 2013, with additional locations in Ontario. The company exited Canada in 2014 due to poor sales.

From Wikipedia’s article on Big Lots, shared under CC BY-SA 4.0.7

Former names

  • BIG LOTS INCJun 29, 2001 to Sep 12, 20256
  • CONSOLIDATED STORES CORP /DE/Dec 6, 1994 to Mar 13, 20016

Timeline

  1. 1967Founded Founded1

Recent filings

  1. Oct 30, 20258-K
  2. Oct 14, 20258-K
  3. Sep 25, 20258-K
  4. Sep 12, 20258-K
  5. Sep 3, 20254 PRIMARY DOCUMENT
  6. Sep 2, 20254 PRIMARY DOCUMENT
  7. Aug 25, 20254 PRIMARY DOCUMENT
  8. Aug 18, 20258-K
  9. Jul 18, 20258-K
  10. Jun 18, 20258-K
  11. May 19, 20258-K
  12. Apr 10, 20258-K
  13. Mar 18, 20258-K
  14. Feb 18, 20258-K
  15. Jan 6, 20258-K

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2