Big Lots (BIG) CFO, Jonathan Ramsden on Q4 2021 Results - Earnings Call Transcript

Mar. 03, 2022 12:23 PM ETBig Lots, Inc. (BIGGQ) StockBIGGQ
SA Transcripts
153.96K Followers

Q4: 2022-03-03 Earnings Summary

EPS of $1.75 misses by $0.14
 | Revenue of $1.73B (-0.34% Y/Y) beats by $9.87M

Big Lots Inc. (BIG) Q4 2021 Earnings Conference Call March 3, 2022 8:00 AM ET

Company Participants

Jonathan Ramsden - Executive Vice President, Chief Financial Officer
Jack Pestello - Executive Vice President, Chief Merchandising Officer

Conference Call Participants

Spencer Hanus - Wolfe Research
Joe Feldman - Telsey Advisory Group
Andrew - Keybanc
Zane Brock - Barclays
Jason Haas - Bank of America

Operator

Ladies and gentlemen, good morning and welcome to Big Lots fourth quarter conference call. Currently, all lines are in listen-only mode. A question and answer session will follow the prepared remarks. If you require operator assistance, please press star, zero on your telephone keypad. As a reminder, this conference is being recorded.

On the call today are Jonathan Ramsden, Executive Vice President, Chief Financial and Administrative Officer, and Jack Pestello, Executive Vice President and Chief Merchandising Officer.

Before we start 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.

The company’s fourth quarter earnings release and related financial information are available at biglots.com/corporate/investors. Also available on the website is the previously released January investor presentation highlighting key themes from this call.

I will now turn the call over to Jonathan Ramsden, Executive Vice President, Chief Financial and Administrative Officer of Big Lots. Mr. Ramsden, please go ahead.

Jonathan Ramsden

Thank you and good morning everyone. Unfortunately Bruce Thorn is not able

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