|Bid||16.31 x 20000|
|Ask||16.41 x 20000|
|Day's Range||16.79 - 16.79|
|52 Week Range||13.76 - 26.28|
|PE Ratio (TTM)||5.91|
|Forward Dividend & Yield||0.55 (3.03%)|
|1y Target Est||N/A|
Soaring trade war tensions between the US and other major economies led to a sell-off in the US market on June 11. On June 10, the Trump Administration threatened to impose new tariffs. Home furnishing companies have a global supply chain.
Bed Bath & Beyond’s (BBBY) stock price fell 45.9% in 2017 and continued its downward momentum in the first half of 2018, falling by 9.4%. Year-to-date, the stock has fallen 3.5% due to lower-than-expected SSSG (same-store sales growth) in the first quarter. As shown in the graph below, the company’s SSSG has been negative for the last five quarters.
The housewares leader appears far from solving its woes. But the warehouse-chain minor was given an optimistic welcome back to the stock market.
In the first quarter, Bed Bath & Beyond (BBBY) posted EPS of $0.32. The severance costs the company incurred in the first quarter lowered its EPS by ~$0.06, while the adoption of a new accounting standard drove the company’s EPS by ~$0.05.
Inc. and rejected the retailer’s executive compensation plan. Ms. Morrison, 64 years old, is a lawyer who has served on the board since 2001 and was a member of its compensation committee. Ms. Morrison couldn’t immediately be reached.
During its first quarter, Bed Bath & Beyond (BBBY) posted a fall in SSSG (same-store sales growth) of 0.6% compared to analysts’ consensus expectation of a rise of 0.1%. The fall in its SSSG was the result of a fall in its number of transactions, which was partially offset by a rise in its average transaction amount. In the graph above, we can see that the company’s SSSG has been negative for the last five quarters.
BBBY’s revenue growth was driven by the addition of new stores and partially offset by a decline in its SSSG (same-store sales growth). In the last four quarters, the company has increased the store count of its buybuy BABY stores by eight units to 121, its World Market stores by three units to 279, its Christmas Tree Shops by three units to 83, and its andThat! stores by two units to 57. The company’s SSSG fell 0.6% during the quarter, with its customer-facing digital channel posting strong SSSG while the SSSG at its stores declined.
Bed Bath & Beyond (BBBY) posted its first-quarter earnings after the market closed on June 27. The company posted adjusted EPS of $0.33 on revenue of $2.75 billion. Year-over-year, the company’s EPS fell 43.1%, while its revenue rose 0.4%.
Bed Bath & Beyond (BBBY) performs impressively in first-quarter fiscal 2018. However, the company's shares decline due to fall in comparable sales, and lower gross and operating margins.
Among the companies with shares expected to trade actively in Thursday's session are Amazon.com, FedEx, Walgreens Boots Alliance, Rite Aid, Apple and Starbucks.
Investors in Bed Bath & Beyond (BBBY) need to pay close attention to the stock based on moves in the options market lately.
Shares of the New Jersey-based retailer, which have fallen over 8 percent this year, lost as much as 9 percent in after-market trading. The 'Buy Buy Baby' brand owner has been trying to revive sales and ward off rivals like Amazon, Wayfair and big-box competitors like Home Depot and Walmart by revamping its website and working on dynamic pricing. Analysts were expecting a rise of 0.06 percent, according to Thomson Reuters I/B/E/S.
Check out the companies making headlines after the bell: Shares of Pier 1 Imports PIR plummeted more than 15 percent in extended-hours trading after the retailer reported weak sales. The popular home decor company saw same-store sales drop 8.
Bed Bath & Beyond (BBBY) just released its latest quarterly results, posting earnings of 32 cents per share and revenues of $2.8 billion
Bed Bath & Beyond Inc. is still on the brink as a costly battle to ward off Amazon.com Inc. and other e-commerce sellers isn’t enough to counteract lower in-store sales. The home goods retailer, which has been spending heavily to fight encroaching online competitors, posted an unexpected drop in same-store sales for last quarter. The results follow heavy spending by the retailer to revamp both its brick-and-mortar stores and online presence.
The Union, New Jersey-based company said it had profit of 32 cents per share. The results topped Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was ...