Added to YB: 2023-01-08
Pitch date: 2023-01-08
BIG [bullish]
Big Lots, Inc.
-100%
current return
Author Info
Company Info
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, home décor, case goods, and ready-to-assemble departments; seasonal category, which comprises patio furniture, gazebos, Christmas trim, lawn and garden, and other holiday departments; soft home category consists of apparel, hosiery, jewelry; frames, fashion and utility bedding, bath, window, decorative textiles, and area rugs departments; and food category that includes beverages and grocery, specialty foods, and candy and snacks departments.
Market Cap
$668.1K
Pitch Price
$16.59
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.04
P/E
-0.00
EV/Sales
0.51
Sector
Broadline Retail
Category
value
Big Lots, big gains?
$BIG: Deep value bet on discount retailer at <0.1x P/S, <2x normalized FCF. Stock -70% on inventory buildup, freight costs, weak demand hurting margins. But 31/34 years profitable, model partly recession-proof. Management sees Q4 margin recovery from promos, lower costs. Downside protected at 0.6x P/TBV. High risk, but potential 5-10x upside if survives and returns to historical profitability.
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