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Big Lots, Inc. (BIG) CEO Bruce Thorn on Q3 2021 Results - Earning Call Transcript

Dec. 03, 2021 1:18 PM ETBig Lots, Inc. (BIG)
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Big Lots, Inc. (NYSE:BIG) Q3 2021 Results Conference Call December 3, 2021 8:00 AM ET

Company Participants

Bruce Thorn – President and Chief Executive Officer

Jonathan Ramsden – Executive Vice President, Chief Financial and Administrative Officer

Conference Call Participants

Spencer Hanus – Wolfe Research

Joe Feldman – Telsey Advisory Group

Jason Haas – Bank of America

Brad Thomas – KeyBanc

Zain Abrar – Barclays

Unidentified Analyst – Piper Sandler


Ladies and gentlemen, good morning and welcome to the Big Lots Third Quarter Conference Call. Currently, all lines are in listen-only mode. A question-and-answer session will follow the prepared remarks. [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 this 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 then 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 on today's press release. The Company's third quarter earnings release and related financial information are available at biglots.com/corporate/investor relations. Also on the website is an investor presentation highlighting the key themes from this call? I will now turn the call over to Bruce Thorn, President and CEO of Big Lots. Mr. Thorn, please go ahead.

Bruce Thorn

Good morning, everyone and thank you for joining us. Jonathan and I will briefly cover our Q3 performance and Q4 outlook this morning. But I want to spend most of our

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