Big Lots reports May MOR: $48.1M cash, zero revenue, negative net worth $579M

FORMER BL STORES INC

Cash balance $48.1M as of May 31, 2025; receipts $456k, disbursements $270k in month.
Monthly operating loss $260k; cumulative net income of $1.06M since petition (per MOR).
Total assets reported as -$579.1M; total liabilities $169k; ending equity -$579.3M.
Prepetition unsecured debt $272.8k; no prepetition secured or priority debt listed.
Company reiterates common shares may have no recovery in ongoing Chapter 11 cases.

item 7.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.