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Company Profile > BIG LOTS INC



Company Profile
 
BIG LOTS INC (HTTP://WWW.BIGLOTS.COM)

Ticker: BIG
Exchange: NYS
Year Established: 2001
Employees: 38,100
Fiscal Year Ends in January

Phone: 614 278-6800
Fax: 614 278-6666
Address: 300 Phillipi Road
P.O. Box 28512
Columbus, OH 43228-5311 United States

Map
Types Of Business

Industry NAICS code: 452112

Discount Stores, Closeout
Regulations may get to cash advance yes a prospective payday loans of credit.

Discounted Brand-Name Products
Wholesale Operations
Discount Furniture
Industry Ranks
1. Carrefour SA99,356,780,000
2. Groupe Auchan SA69,698,500,000
3. Wal-Mart de Mexico y Centroamerica33,439,900,000
4. Kohl's Corp19,031,000,000
5. Dollar General Corporation17,504,170,000
6. Kmart Holding Corporation15,593,000,000
7. Sun Art Retail Group Ltd13,861,510,000
8. Distribuidora Internacional de Alimentacion S.A.13,355,530,000
9. Family Dollar Stores Inc10,391,460,000
10. Army and Air Force Exchange Service (AAFES)9,902,800,000
12. Big Lots Inc5,301,912,000
Contacts
David CampisiCEO/Director/President
Timothy JohnsonCFO/Chief Accounting Officer/Executive VP
Philip MallottChairman of the Board/Director
Stewart WenerstromChief Information Officer/Senior VP
Lisa BachmannCOO/Executive VP
Peter HayesDirector
Russell SoltDirector
Brenda LauderbackDirector
Dennis TishkoffDirector
Jeffrey BergerDirector
James TenerDirector
James ChambersDirector
Richard CheneExecutive VP/Other Executive Officer
Leslie JohnsonOther Corporate Officer/Senior VP
Lucy CindricOther Corporate Officer/Senior VP
Martha Withers-HallOther Corporate Officer/Senior VP
Andrew SteinOther Executive Officer/Senior VP
Michael SchlonskySenior VP, Divisional
Carlos RodriguezSenior VP, Divisional
Ronald ParisottoSenior VP/General Counsel/Secretary
Paul SchroederVice President/Controller


Auditor: Deloitte & Touche LLP
Legal Advisor: Vorys, Sater, Seymour and Pease LLP

Description
Big Lots, Inc. is the one of the nation’s largest broad line closeout retailers. When a manufacturer has excess products due to overruns, packaging changes or discontinued items, Big Lots buys these items at a discount directly from that manufacturer. This allows the firm to provide name brand products at prices below traditional discount retailers. Big Lots supplements its closeout merchandise with everyday items sourced directly from domestic and international suppliers. The company purchases approximately 24% of its merchandise from overseas, with 20% coming from vendors within China. The company sells its merchandise under seven product categories: furniture, consumables, home, food, seasonal, electronics & others and hardlines & toys. Furniture products include upholstery, mattresses, ready-to-assemble products and case goods such as bedroom, dining room and living room furniture. Consumables include the food, health and beauty, plastics, papers, chemical and pet departments. The home category includes domestics, stationery and home decor products. The food category includes the food and specialty food departments. The seasonal category includes lawn and garden, Christmas, summer and other holiday goods. The electronics & other category includes the electronics, jewelry, infant accessories, and apparel departments as well as the results of certain large closeout deals. The Hardlines & Toys category includes the toys, appliances, tools, paint and home maintenance departments. Big Lots operates 1,451 stores in 48 states, averaging approximately 30,169 square feet in size. Additionally, the firm operates a wholesale division, Big Lots Wholesale, which offers business-to-business sales. Its 79 Canadian stores operate under the names of LW and Big Lots.
$USD, In whole numbers,
except marked * or %
201420132012201120102009
Financials
    Revenue5,301,912,0005,400,119,0005,202,269,0004,952,244,0004,726,772,0004,645,283,000
    Cost of Revenue3,236,606,0003,282,469,0003,131,862,0002,939,793,0002,807,466,0002,787,854,000
    Gross Margin %38.9539.2139.8040.6440.6139.99
    R&D Expense - - - - - -
    Operating Income190,439,000298,454,000345,595,000357,345,000325,010,000254,923,000
    Operating Margin %3.595.536.647.226.885.49
    SGA Expense1,759,745,0001,712,910,0001,634,532,0001,576,500,0001,532,356,0001,523,882,000
    Net Income125,295,000177,121,000207,064,000222,524,000200,369,000151,547,000
    Earnings Per Share2.182.963.032.872.451.87
    Dividends0.000.000.000.000.000.00
    Book Value Per Share - 13.9310.9311.4411.0010.68
    Operating Cash Flow198,334,000281,133,000318,471,000315,257,000392,026,000211,063,000
    Capital Expenditure104,786,000131,273,000131,293,000107,563,00078,708,00088,735,000
    Free Cash Flow93,548,000149,860,000187,178,000207,694,000313,318,000122,328,000
Profitability
    EBITDA304,348,000404,791,000435,702,000436,563,000400,089,000333,612,000
    Return on Assets %7.1710.4312.7013.5312.9210.54
    Return on Equity %15.1022.4023.4022.8422.5621.45
    Net Margin %2.363.283.984.494.243.26
    Assets Turnover3.043.183.193.013.053.23
    Financial Leverage1.932.311.991.711.671.85
Brands
Big Lots Wholesale
Big Lots
LW
Top Salaries
NameTitleSalary (US$)Bonus (US$)
David CampisiCEO/President678,4610
Lisa BachmannCOO/Executive VP620,3850
Joe CooperExecutive VP/President, Subsidiary577,6930
John MartinFormer Executive VP/Former Other Executive Officer552,3080
Timothy JohnsonCFO/Executive VP452,8850
Other Thoughts
Apparent Female Officers or Directors:
Corporate Culture
Big Lots associates are offered medical, dental, and vision insurance; life insurance; 401(k) with company match; disability coverage; paid sick days; bonus programs; educational assistance; and relocation assistance.