4 Takeaways From Bed Bath & Beyond's Third Quarter
The third quarter of 2019 was another bleak one for the struggling company, but the CEO laid out a plan for future growth. Here are some of the highlights.
At least that's what managers and investors are hoping. If nothing had changed, the company would still be in an emergency. This quarter marked the 11th consecutive quarter of declines for Bed Bath & Beyond (NASDAQ: BBBY), and a net loss of $0.31 per share represented a significant reversal from the prior-year period's $0.18 of earnings. Those weak results were accompanied by a management shake-up in late 2019 that only added to the uncertainty for shareholders.
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Source Fool.com
