Earnings roundup: Bed Bath & Beyond, Paychex
Earnings roundup: Bed Bath & Beyond's net income falls; Paychex's net income is flat
Among the earnings stories for Wednesday, June 26, from AP Business News:
— Higher costs dragged Bed Bath & Beyond Inc.'s net income down 2 percent during the the furniture and home decor store chain's fiscal first quarter.
— Payroll processor Paychex Inc.'s said that net income in the fiscal fourth quarter was nearly unchanged from the year before, despite higher sales, as costs increased and taxes took a bigger bite.
— Seed giant Monsanto Co. said that its fiscal third quarter earnings slipped 3 percent, as higher costs and hits to its cotton and soybean segments weighed on results.
