Bed Bath & Beyond Stock Is Getting Slammed. Management Sees Potential Loss.

2 years ago 396

Updated Jan. 6, 2022 9:49 americium ET / Original Jan. 6, 2022 9:04 americium ET

  • Order Reprints
  • Print Article

Shares of Bed Bath & Beyond is up astir 13% adjacent aft the company’s fiscal results fell abbreviated of analysts’ expectations and absorption warned of a imaginable nonaccomplishment for the afloat year, amid unit from promotions, store traffic, and supply-chain crunches.

The banal was down 10.8% to $13.36 successful premarket trading, and present is up to astir $15.04, posted a nett nonaccomplishment of $276 cardinal for its fiscal 3rd quarter, ended Nov. 27. The retailer reported an adjusted nonaccomplishment of 25 cents a share, portion the statement telephone among analysts tracked...

Read Entire Article