Big Lots, Inc. (BIG) Q4 2024 Earnings Conference Call April 01, 2025 05:00 PM ET Company Participants Conference Operator - OperatorRiley Timmer - Vice President of Investor RelationsPaul Stone - Chief Executive OfficerJeff White - Chief Financial Officer Conference Call Participants Matt Coranda - Analyst at Roth CapitalAnna Gliscon - Analyst at B. Riley SecuritiesMark Smith - Analyst at Lake StreetRyan Siddall - Analyst at Craig HallamJustin Cabler - Analyst at Baird Conference Operator Hello, everyone, a ...

HARRISBURG, Pa., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today announced the acquisition of 40 former Big Lots store leases from Gordon Brothers. The acquisition of the additional store leases is subject to final bankruptcy court approval and customary closing conditions. Including the 40 additional Big Lots locations, the Company has acquired a total of 63 former Big Lots store leases to date. Eric van der Valk, President and Chief Executive Of ...

Press Release – February 27th, 2025 An interactive luminous alarm clock to plunge you into the world of the global animated TV phenomenon! Bigben Interactive HK Ltd. is proud to announce a new licensing agreement with BBC Studios for the beloved show Bluey. Building on its success on France Televisions and continuing to win hearts across Europe, Bluey dominates the youth segment on France 5 and the show was n°1 on the 4-10yo segment in 20241 with an audience share peak at 49% on Dec 5th2. Bluey was also the ...

Financial Performance - Third quarter 2024/25 sales reached €87.7 million, a decrease of 6.8% compared to the same period in 2023/24 [2][4] - First nine months of 2024/25 sales totaled €223.6 million, a slight increase of 0.6% compared to the previous year [4] - NACON Gaming sales for the third quarter were €52.9 million, down 10.3% year-on-year [4] - Bigben AudioVideo/Telco sales for the third quarter were €34.8 million, almost unchanged from the previous year [4][9] Gaming Segment - Gaming sales in the third quarter amounted to €25.4 million, a decrease of 23.7% [5] - Catalogue sales (new games) were €9.8 million, down 52.9% due to lack of major new releases [5] - Back Catalogue sales increased by 24.5% to €15.6 million, reflecting strong momentum [6] - Accessories sales rose 5.3% to €25.2 million, driven by strong performance of RIG headsets and REVOLUTION 5 PRO controllers [7] Bigben AudioVideo/Telco Segment - Mobile Accessories sales fell only 3.9% to €25.3 million, supported by the premium market position of the Force® brand [10] - Audio/Video sales increased by 8.0% year-on-year to €9.4 million, driven by diversification of sales outlets and product range [11] Strategic Developments - NACON plans to build a new production plant for video gaming accessories in France, operational by late 2025 [8] - The plant aims to improve supply chain control, in-house value retention, and inventory optimization [8] Outlook - NACON expects a slightly busier release schedule in the fourth quarter, including three new games [12][17] - Test Drive Unlimited: Solar Crown has over 500,000 players and continues to sell well [13] - Bigben AudioVideo/Telco anticipates stable sales in the fourth quarter, supported by premium positioning and new product launches [14][15] - Strong growth is expected in the first half of 2025/26, driven by new Gaming and Accessories products, a buoyant Back Catalogue, and the launch of the Nintendo SwitchTM 2 console [15][16][19] Market Position - The Group maintains a premium positioning in Mobile Accessories, with products like Force Play Immersion® headphones and the "Origine France Garantie" label charger gaining consumer recognition [18] - NACON has a full range of accessories compatible with the upcoming Nintendo SwitchTM 2 console [19]

Big Lots, a once-dominant player in the discount retail sector, faces an uncertain future following an acquisition by Gordon Brothers Retail Partners.The agreement, finalized Dec. 27, ensures hundreds of Big Lots stores will remain operational, as the assets of the bankrupt retailer are transferred to other entities, including Variety Wholesalers. Under the new ownership structure, Variety Wholesalers will take over 200 to 400 Big Lots locations, maintaining the brand and continuing operations, along with u ...

Some of Big Lots stores look set to be saved after approval of a new deal. (Photo by Brandon ... [+] Bell/Getty Images)Getty ImagesUp to a half of Big Lots stores look set to be saved after it agreed to a transaction with Gordon Brothers Retail Partner that enables the transfer of Big Lots assets.The close-out retailer, which filed for bankruptcy in September, said that these assets include its circa 800 remaining stores, its distribution centers and intellectual property.Under the terms of the agreement, V ...

Big Lots has struck a deal to keep hundreds of stores from shuttering.The bankrupt discount retailer announced Friday (Dec. 27) that it had agreed to sell itself to Gordon Brothers Retail Partners, a capital markets company that will transfer Big Lots’ stores, distribution centers and other assets to other retailers.According to a regulatory filing, Variety Wholesalers, owner of 400-plus discount stores in the mid-Atlantic and Southeastern states, will acquire 200-400 Big Lots stores, operating them under t ...

Big Lots said Friday that it has agreed with Gordon Brothers Retail Partners to sell its stores, distribution centers and intellectual property to retailers, including Variety Wholesalers, in an attempt to maintain its brand and secure some outlets and jobs.The privately-owned Variety Wholesalers plans to acquire 200 to 400 Big Lot stores, two distribution centers, and would retain the associates, operating under the Big Lots brand, the discount home goods retailer said.The Columbus, Ohio-based company, whi ...

Carle Place, N.Y.: The Big Lots store in Carle Place, New York on July 23, 2024. This location is ... [+] one of the Big Lots locations that is closing. (Photo by Howard Schnapp/Newsday RM via Getty Images)Newsday via Getty ImagesThe bankrupt Big Lots home goods closeout retailer just announced its planned sale to Nexus Capital Management has hit the skids so it will begin going-out-of-business sales (GOB) at its remaining 900 stores; it has already closed about 400 stores this year.Though Nexus may return ...

National retailer Big Lots, which is based in Columbus, Ohio, announced Thursday that it will begin having Going Out of Business sales at all of its remaining stores.The retail chain also announced it does not anticipate completing a previously announced asset purchase agreement with Nexus Capital Management and will continue working toward an alternative sale with either Nexus or another company.Big Lots, Inc. hopes to have the sale completed by early January.With no deal set, the company will begin Going ...