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Bed Bath & Beyond Sells Its Home Decor Subsidiary One Kings Lane
Thursday, April 16, 2020 - 4:52am | 299Bed Bath & Beyond Inc. (NASDAQ: BBBY) has sold subsidiary One Kings Lane, the company's chief executive officer Mark Tritton said in a conference call late Wednesday, as reported by the Wall Street Journal. What Happened Tritton didn't disclose the amount for which the home decor...
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Why The Market Is Still Buying Bed Bath & Beyond
Friday, September 23, 2016 - 10:38am | 451"Markets defy logic" seems to be ringing in right and true. Despite the disappointing quarterly results released by home furnishing retailer Bed Bath & Beyond Inc. (NASDAQ: BBBY) Wednesday after the bell, its shares are up moderately. After reacting negatively initially in the after hours on...
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Baird Comments On Bed Bath & Beyond's First Quarter
Friday, June 24, 2016 - 11:28am | 327Bed Bath & Beyond Inc. (NASDAQ: BBBY) reported its 1Q results, with the gross margin in line with expectations. Baird’s Peter S. Benedict maintains a Neutral rating on the company, while lowering the price target from $51 to $45. What The Results Imply Benedict mentioned that softer comps...
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Goldman Sachs Cuts Bed Bath & Beyond's Q2 Expectations Following Q1 Report, Says 'Omnichannel Is Omnichallenged'
Thursday, June 23, 2016 - 10:37am | 254Goldman Sachs has cut its second-quarter estimates for Bed Bath & Beyond Inc. (NASDAQ: BBBY) following the retailer's first-quarter results, which fell short of both Goldman Sachs' and consensus' expectations on a top-line shortfall. However, the brokerage said the result is "not shocking," as...