Big Lots Inc Q2 2021 Earnings Call Transcript - Thomson StreetEvents

Big Lots Inc Q2 2021 Earnings Call Transcript

Big Lots Inc Q2 2021 Earnings Call Transcript - Thomson StreetEvents
Big Lots Inc Q2 2021 Earnings Call Transcript
Published Aug 27, 2021
17 pages (13566 words) — Published Aug 27, 2021
Price US$ 54.00  |  Buy this Report Now

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Abstract:

Edited Transcript of BIG.N earnings conference call or presentation 27-Aug-21 12:00pm GMT

  
Brief Excerpt:

...Operator Ladies and gentlemen, good morning, and welcome to the Big Lots second quarter conference call. (Operator Instructions) As a reminder, this conference is being recorded. On the call today are Bruce Thorn, President and CEO; and Jonathan Ramsden, Executive Vice President, Chief Financial and Administrative Officer. Before starting today's call, the company would like to remind you that any forward-looking statements made on the call involve risks and uncertainties that are subject to the company's safe harbor provisions as stated in the company's press release and SEC filings, and that actual results can differ materially from those described in the forward-looking statements. The company would like to also point out that, where applicable, commentary today is focused on adjusted non-GAAP results. Reconciliations of GAAP to non-GAAP adjusted results are available in today's press release. Effective from the second quarter of fiscal 2021, the company has realigned its merchandise...

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
Big Lots Inc
Ticker
BIG.N
Time
12:00pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Jason Daniel Haas - BofA Securities, Research Division - Analyst : Bruce, I wanted to follow up and get some more color on the Real Living brand that you rolled out. Could you just state those numbers you get about how it's performing? And then I'm just curious, what was the rationale for the strategy of rolling out this entry-level brand? I know you have obviously, at present, Broyhill. So I guess I'm just curious if you see any risk of this brand cannibalizing some of those Broyhill sales.

Question: Jason Daniel Haas - BofA Securities, Research Division - Analyst : Great. And then as a follow-up, I'm curious if you could talk about what you're seeing in the closeout environment. Sounds like inventories are definitely tight. I know you're growing off of a relatively low base there in some of the categories you weren't as big in, in terms of closeout. So just curious about the availability that you're seeing there.

Table Of Contents

Big Lots Inc Q1 2022 Earnings Call Transcript – 2022-05-27 – US$ 54.00 – Edited Transcript of BIG.N earnings conference call or presentation 27-May-22 12:00pm GMT

Big Lots Inc at Bank of America Consumer & Retail Technology Conference Transcript – 2022-03-09 – US$ 54.00 – Edited Transcript of BIG.N presentation 9-Mar-22 3:30pm GMT

Big Lots Inc Q4 2021 Earnings Call Transcript – 2022-03-03 – US$ 54.00 – Edited Transcript of BIG.N earnings conference call or presentation 3-Mar-22 1:00pm GMT

Big Lots Inc Q3 2021 Earnings Call Transcript – 2021-12-03 – US$ 54.00 – Edited Transcript of BIG.N earnings conference call or presentation 3-Dec-21 1:00pm GMT

Big Lots Inc at Goldman Sachs Global Retailing Conference (Virtual) Transcript – 2021-09-10 – US$ 54.00 – Edited Transcript of BIG.N presentation 10-Sep-21 12:20pm GMT

Big Lots Inc Q1 2021 Earnings Call Transcript – 2021-05-28 – US$ 54.00 – Edited Transcript of BIG.N earnings conference call or presentation 28-May-21 12:00pm GMT

Big Lots Inc Annual Shareholders Meeting Transcript – 2021-05-26 – US$ 54.00 – Edited Transcript of BIG.N shareholder or annual meeting 26-May-21 3:00pm GMT

Big Lots Inc at Bank of America Consumer & Retail Technology Conference (Virtual) Transcript – 2021-03-11 – US$ 54.00 – Edited Transcript of BIG.N presentation 11-Mar-21 9:30pm GMT

Big Lots Inc Q4 2020 Earnings Call Transcript – 2021-03-05 – US$ 54.00 – Edited Transcript of BIG.N earnings conference call or presentation 5-Mar-21 1:00pm GMT

Big Lots Inc at ICR Virtual Conference Transcript – 2021-01-13 – US$ 54.00 – Edited Transcript of BIG.N presentation 13-Jan-21 2:30pm GMT

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MLA:
Thomson StreetEvents. "Big Lots Inc Q2 2021 Earnings Call Transcript" Aug 27, 2021. Alacra Store. May 02, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2021-Big-Lots-Inc-Earnings-Call-T14959531>
  
APA:
Thomson StreetEvents. (2021). Big Lots Inc Q2 2021 Earnings Call Transcript Aug 27, 2021. New York, NY: Alacra Store. Retrieved May 02, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2021-Big-Lots-Inc-Earnings-Call-T14959531>
  
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