|Bid||4.6900 x 3100|
|Ask||4.7000 x 1400|
|Day's Range||4.4606 - 4.8101|
|52 Week Range||4.3800 - 31.7000|
|Beta (5Y Monthly)||1.83|
|PE Ratio (TTM)||N/A|
|Earnings Date||Sep 28, 2022 - Oct 03, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar 12, 2020|
|1y Target Est||3.49|
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Stocks like Bath & Body Works, Bed Bath Beyond and RH all recently saw their stocks plunge on weak outlooks and growth worries. What that says about consumer spending.
Shares of Bed Bath & Beyond (NASDAQ: BBBY) plummeted 32.7% this week compared to where they closed last Friday, according to data from S&P Global Market Intelligence, after posting a severe loss for the fiscal first quarter and announcing president and CEO Mark Tritton was no longer associated with the retailer. The home goods retailer's independent chair Harriet Edelman said in a statement, "After thorough consideration, the Board determined that it was time for a change in leadership." Tritton was brought in from Target to lead Bed Bath & Beyond's turnaround in 2019 and kicked off his tenure with some dramatic moves, including making a sweep of the executive suite and leading the retailer's sales of many of its various side businesses over the years such as Cost Plus World Market, Christmas Tree Shops, One Kings Lane, and PersonalizationMall.com.
The short-staffed airline industry is bracing for more fireworks over Fourth of July weekend. Carriers have had a track record of delays and cancellations this year, and Delta Chief Executive apologized to customers in a letter Thursday for what he described as an unacceptable level of disruption and uncertainty. Delta shares fell 2.3% Thursday. The Supreme Court’s ruling on Roe v. Wade changed how major retailers sell emergency contraceptive pills.