Big Lots Faces Challenges, Reaches Out For New Loan
Big Lots Faces Challenges, Reaches Out For New Loan
Big Lots Inc (NYSE:BIG) secured a $200 million loan earlier this year; now, it's reaching out to potential investors to explore interest in a new loan backed by assets like the company's leases.
Big Lots公司(紐交所:BIG)今年早些時候獲得了2億美元的貸款;現在,它正在向潛在投資者伸出援手,探索對一項新貸款的興趣,該貸款由公司租賃等資產支持。
The discount home goods chain, which operates nearly 1,400 stores, has faced years of declining same-store sales, reported Bloomberg.
這家經營近1400家商店的折扣家居用品連鎖店已經面臨多年的連續存單銷售下滑,這是彭博社報道的。
To combat these challenges, Big Lots has shifted its focus back to extreme bargains and closeout sales after a strategic pivot to furniture sales faltered due to a decline in new home sales and renovations.
爲了應對這些挑戰,Big Lots已經將其重點轉回到極端低價和清倉銷售上,之前對傢俱銷售的戰略轉變由於新房銷售和裝修的下滑而破產。
For the quarter ending May 4, Big Lots reported a 10.2% drop in net sales to approximately $1.01 billion compared to the previous year.
報告顯示,截至5月4日的季度,Big Lots的淨銷售額下降了10.2%,至約10.1億美元,相比前年同期。
CEO Bruce Thorn attributed the downturn to a "challenging consumer environment" and "strained budgets" during the company's first-quarter earnings call. The retailer posted a net loss of $205 million for the period.
首席執行官Bruce Thorn在公司第一季度業績會上表示,這一下滑是由於"具有挑戰性的消費環境"以及"緊張的預算"所致。該零售商在該時期發佈了2050萬美元的淨虧損。
In addition to returning to its roots in bargain sales, Big Lots is considering sub-leasing some of its locations to generate more revenue.
除了回歸其低價銷售的根本,Big Lots還在考慮轉租部分場所以增加收入。
Columbus, Ohio-based Big Lots is not alone in facing difficulties within the retail sector due to a slowdown in home spending.
總部位於俄亥俄州哥倫布市的Big Lots並不是唯一面對零售行業內的困境的公司,原因是住房支出減緩。
Conn's Inc.(NASDAQ:CONN), another furniture retailer, recently filed for bankruptcy, while LL Flooring Holdings Inc. is contemplating a Chapter 11 filing.
另一家傢俱零售商Conn's Inc.(納斯達克:CONN)最近申請破產,而LL Flooring Holdings Inc.則在考慮申請第11章破產保護。
Price Action: BIG shares are trading higher by 1.83% at $1.11 in premarket at last check Friday.
股價走勢:星期五最後一次檢查時,BIG股票在盤前交易中上漲1.83%,至每股1.11美元。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免責聲明:本內容部分使用人工智能工具生成,並經Benzinga編輯審核發佈。
Image: Wikimedia Commons
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