Bed Bath & Beyond Inc. (BBBY) News
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BBBY News Highlights
- For BBBY, its 30 day story count is now at 105.
- Over the past 29 days, BBBY's stories per day has been in a clear downtrend, falling by about -1.46 per 2 days.
- The most mentioned tickers in articles about BBBY are ROOT, AMP and COMP.
Latest BBBY News From Around the Web
Below are the latest news stories about Bed Bath & Beyond Inc that investors may wish to consider to help them evaluate BBBY as an investment opportunity.
The following slide deck was published by Bed Bath & Beyond Inc. in conjunction with their 2020 Q4 earnings call....
Bed Bath & Beyond reported 4Q earnings that beat analysts’ expectations but revenues declined year-on-year. The retailer posted net sales of $2.62 billion, down 16% year-on-year versus analysts’ estimates of $2.63 billion. The company reported net EPS of $0.40, that came in ahead of consensus estimates of $0.31 per share. Bed Bath & Beyond's (BBBY) President and CEO, Mark Tritton said, “Fiscal 2020 was a year of fast-paced transformation in which we reformed the past, overcame extraordinary circumstances of the present, and established a firm foundation for the future.
Shares of Bed Bath and Beyond (NASDAQ: BBBY) were moving lower today after the company's fourth-quarter earnings report disappointed investors. Comparable sales in the quarter were up 4% across the enterprise (the company owns several brands) and 6% at Bed Bath and Beyond stores.
Maybe Kohl's management will start getting things right after bowing to pressure from activist investors.
BBBY earnings call for the period ending March 31, 2021.
Bed Bath & Beyond (NASDAQ: BBBY) continues to show signs that it is on the road back to health as it posted its third consecutive quarter of adjusted profits this morning, beating analyst expectations in its fourth quarter of 2020, though sales fell a little short of the mark. The home goods retailer also reported its third straight quarter of comparable-store sales growth, suggesting that management has finally gotten a grasp again on what consumers are looking for. Fourth-quarter revenue of $2.62 billion was down 16% year over year and fell short of analyst expectations of $2.63 billion.
Bed Bath & Beyond Slumps, Discovery Falls, and the Stock Market Is Waiting for Coinbase to Start Trading
Strong earnings from JPMorgan Chase and other banks couldn’t give the Dow Jones Industrial Average much of a lift.
Bed Bath & Beyond (BBBY) delivered earnings and revenue surprises of 48.15% and 0.22%, respectively, for the quarter ended February 2021. Do the numbers hold clues to what lies ahead for the stock?
Bed Bath & Beyond Inc. stock dropped 9% in Wednesday premarket trading after the home goods retailer reported fourth-quarter earnings that beat expectations, but fell short on sales. Net income totaled $9.1 million, or 8 cents per share, after a loss of $65.4 million, or 53 cents per share, last year. Adjusted EPS of 40 cents beat the FactSet consensus for 31 cents. Sales of $2.619 billion were down from $3.107 billion last year and just below the FactSet consensus for $2.627 billion. Enterprise digital comp growth was 86%, with the namesake chain up 99%. And enterprise comp sales growth was 4% with the Bed Bath & Beyond chain up 6%. Other Bed Bath & Beyond names include Buy Buy Baby and Harmon. For fiscal 2021, Bed Bath & Beyond maintained its guidance for net sales between $8.0 billio...
Bed Bath & Beyond Inc. (Nasdaq: BBBY) today reported financial results for the fourth quarter of fiscal 2020 ended February 27, 2021.