U.S. Markets open in 5 hrs 21 mins

Bed Bath & Beyond Stock Falls on Weak Second-Quarter Earnings

Ralph Nathan
Bed Bath & Beyond Stock Falls on Weak Second-Quarter Earnings

Bed Bath & Beyond (BBBY) posted its fiscal second-quarter earnings after the market closed on September 26. For the quarter, which ended on September 1, the company posted adjusted EPS of $0.36 on revenues of $2.94 billion. Year-over-year, the company’s adjusted EPS declined 53.2% while its revenue growth was flat.