Black Friday Couldn't Save Bed Bath & Beyond's Dreadful 3rd Quarter

Home goods retailer Bed Bath & Beyond (NASDAQ: BBBY) reported third-quarter results after Wednesday's closing bell. Sales fell 9% year over year, and the year-ago period's profits swung to a net loss. The results fell far short of Wall Street's expectations, and Bed Bath & Beyond's stock fell as much as 22% in after-hours trading.

Metric

Q3 2019

Continue reading


Source Fool.com