Bruce Thorn - Big Lots President, Chief Executive Officer, Director

BIG Stock  USD 3.41  0.02  0.58%   

CEO

Mr. Bruce Kevin Thorn is President, Chief Executive Officer of the Company. Prior to joining us, Mr. Thorn, 51, most recently served as the President and Chief Operating Officer of Tailored Brands, Inc., a specialty retailer of mens tailored clothing, since March 2017, after joining the company in 2015 as Executive Vice President and Chief Operating Officer. From 2007 until he joined Tailored Brands, Inc. in 2015, Mr. Thorn held various enterprise level roles with PetSmart, Inc., most recently as Executive Vice President, Store Operations, Services and Supply Chain. Mr. Thorns other experiences include leadership positions with Gap, Inc., Cintas Corporationration LESCO, Inc. and The United States Army since 2018.
Age 57
Tenure 6 years
Professional MarksMBA
Address 4900 East Dublin Granville Road, Columbus, OH, United States, 43081
Phone614 278 6800
Webhttps://www.biglots.com
Thorn earned a B.S. from the U.S. Military Academy at West Point and an M.B.A. from the University of Cincinnati.

Bruce Thorn Latest Insider Activity

Tracking and analyzing the buying and selling activities of Bruce Thorn against Big Lots stock is an integral part of due diligence when investing in Big Lots. Bruce Thorn insider activity provides valuable insight into whether Big Lots is net buyers or sellers over its current business cycle. Note, Big Lots insiders must abide by specific rules, including filing SEC forms every time they buy or sell Big Lots'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Big Lots Management Efficiency

The company has Return on Asset of (0.08) % which means that on every $100 spent on assets, it lost $0.08. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.9193) %, meaning that it generated no profit with money invested by stockholders. Big Lots' management efficiency ratios could be used to measure how well Big Lots manages its routine affairs as well as how well it operates its assets and liabilities. The Big Lots' current Return On Tangible Assets is estimated to increase to 0.07. The Big Lots' current Return On Capital Employed is estimated to increase to 0.21. At this time, Big Lots' Net Tangible Assets are most likely to increase significantly in the upcoming years. The Big Lots' current Return On Tangible Assets is estimated to increase to 0.07, while Other Current Assets are projected to decrease to roughly 84.6 M.
The company has 2.28 B in debt with debt to equity (D/E) ratio of 2.31, meaning that the company heavily relies on borrowing funds for operations. Big Lots has a current ratio of 1.4, which is typical for the industry and considered as normal. Debt can assist Big Lots until it has trouble settling it off, either with new capital or with free cash flow. So, Big Lots' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Big Lots sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Big to invest in growth at high rates of return. When we think about Big Lots' use of debt, we should always consider it together with cash and equity.

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Big Lots, Inc., through its subsidiaries, operates as a home discount retailer in the United States. Big Lots, Inc. was founded in 1967 and is headquartered in Columbus, Ohio. Big Lots operates under Discount Stores classification in the United States and is traded on New York Stock Exchange. It employs 10500 people. Big Lots (BIG) is traded on New York Stock Exchange in USA. It is located in 4900 East Dublin Granville Road, Columbus, OH, United States, 43081 and employs 10,000 people. Big Lots is listed under General Merchandise Stores category by Fama And French industry classification.

Management Performance

Big Lots Leadership Team

Elected by the shareholders, the Big Lots' board of directors comprises two types of representatives: Big Lots inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Big. The board's role is to monitor Big Lots' management team and ensure that shareholders' interests are well served. Big Lots' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Big Lots' outside directors are responsible for providing unbiased perspectives on the board's policies.
Jack Pestello, Executive Vice President Chief Merchandising Officer
Derek Panfil, Senior Officer
Aaron Goldstein, Director
Shannon Letts, Procurement, Estate
Stephen Haffer, Senior Vice President and Chief Customer Officer
Andrew Clarke, Director
Matt Weger, SVP Officer
Gurmeet Singh, Executive Vice President, Chief Technology Officer
Nancy ReardonSayer, Independent Director
Jonathan Ramsden, Executive Vice President, Chief Financial Officer and Chief Administrative Officer
Richard Chene, Chief Merchandising Officer and Executive VP
Brenda Lauderback, Independent Director
Bruce Thorn, President, Chief Executive Officer, Director
Jeffrey Berger, Independent Director
Nancy Reardon, Independent Director
John Alpaugh, Senior Officer
Wendy Schoppert, Independent Director
Andrej Mueller, Executive Vice President, Strategy and Chief Customer Officer
Andrew Stein, Senior Vice President Chief Customer Officer
Christopher McCormick, Independent Director
Kevin Kuehl, Senior Officer
James Chambers, Non-Executive Chairman of the Board
Marla Gottschalk, Independent Director
Nicholas Padovano, Executive Vice President, Chief Stores Officer
Lisa Bachmann, Executive Vice President, Chief Merchandising and Operating Officer
Peter Hayes, Independent Director
Ronald Robins, Executive Vice President, Chief Legal and Governance Officer, General Counsel and Corporate Secretary
James Tener, Independent Director
Cynthia Jamison, Independent Director
Jason Judd, Senior Treasurer
Thomas Kingsbury, Independent Director
Stewart Wenerstrom, Ex Officer
Timothy Johnson, CFO, Chief Admin. Officer and Executive VP
David Campisi, CEO and President and Director
Russell Solt, Independent Director
Michael Schlonsky, Executive Vice President - Human Resources and Store Operations
Gene Burt, Executive Vice President Chief Supply Chain Officer
Sebastian DiGrande, Independent Director
Dennis Tishkoff, Independent Director
Alvin Concepcion, Vice Relations
Philip Mallott, Non-Executive Chairman of the Board

Big Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Big Lots a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Big Lots in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Big Lots' short interest history, or implied volatility extrapolated from Big Lots options trading.

Pair Trading with Big Lots

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Big Lots position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Big Lots will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Big Lots could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Big Lots when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Big Lots - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Big Lots to buy it.
The correlation of Big Lots is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Big Lots moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Big Lots moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Big Lots can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Big Lots is a strong investment it is important to analyze Big Lots' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Big Lots' future performance. For an informed investment choice regarding Big Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Big Lots. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Big Stock please use our How to Invest in Big Lots guide.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

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Is Big Lots' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Big Lots. If investors know Big will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Big Lots listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.37)
Earnings Share
(16.53)
Revenue Per Share
161.965
Quarterly Revenue Growth
(0.07)
Return On Assets
(0.08)
The market value of Big Lots is measured differently than its book value, which is the value of Big that is recorded on the company's balance sheet. Investors also form their own opinion of Big Lots' value that differs from its market value or its book value, called intrinsic value, which is Big Lots' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Big Lots' market value can be influenced by many factors that don't directly affect Big Lots' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Big Lots' value and its price as these two are different measures arrived at by different means. Investors typically determine if Big Lots is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Big Lots' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.