Big Lots Inc (NYSE:BIG)
$ 3.56 -0.12 (-3.26%) Market Cap: 105.06 Mil Enterprise Value: 2.33 Bil PE Ratio: 0 PB Ratio: 0.37 GF Score: 64/100

Q2 2020 Big Lots Inc Earnings Call Transcript

Aug 28, 2020 / 12:00PM GMT
Release Date Price: $49.96 (-10.31%)
Operator

Ladies and gentlemen, good morning, and welcome to the Big Lots second quarter conference call. I would like to introduce today's first speaker, Vice President of Investor Relations, Andy Regrut.

Andrew D. Regrut
Big Lots, Inc. - VP of IR

Good morning. Thank you for joining us for our second quarter conference call. With me here today in Columbus are Bruce Thorn, our President and CEO; and Jonathan Ramsden, Executive Vice President, Chief Financial and Administrative Officer.

Before we get started, I'd like to remind you that any forward-looking statements we make on today's call involve risks and uncertainties and are subject to our safe harbor provisions as stated in our press release and SEC filings and that actual results can differ materially from those described in our forward-looking statements. All commentary today is focused on adjusted non-GAAP results. For the second quarter of fiscal 2020, this excludes a onetime after-tax benefit totaling $341.9 million or $8.54 per diluted share associated with the distribution center sold as part of the

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