|Bid||13.07 x 20000|
|Ask||13.18 x 20000|
|Day's Range||12.87 - 13.66|
|52 Week Range||9.55 - 19.70|
|Beta (3Y Monthly)||-0.15|
|PE Ratio (TTM)||5.63|
|Forward Dividend & Yield||0.56 (4.85%)|
|1y Target Est||N/A|
The quarterly report at Macy's sent aftershocks through the retail industry, but somehow Bed Bath & Beyond avoided the sting.
It's hard to look at that drawer full of gadgets you don't use without thinking of Bed Bath & Beyond. Here's how the home goods retailer got to where it is today.
Bed Bath & Beyond Inc.'s (BBBY) investments in its stores and online presence could boost its stock performance. The retail company is aiming to improve the customer experience, while reducing inventory levels through optimizing floor space. An improved digital offering could also enhance customer satisfaction levels, while providing greater flexibility for the company to add new products and features.
With sales and profitability falling, the retailer didn't thrive through the peak selling season. But the results were still better than many investors feared.
This stock market rallied on two prongs: Jay Powell getting more realistic about the world's woes and their impact on our economy, and the runup in the price of oil -- which signaled, bizarrely, to a potential pick-up in world growth because of the resumption in trade talks with China. Now oil is backing off and Jay Powell gets a chance to take back the things he said that soothed the market, during a Q&A session at the Economic Club in Washington.
Retailer Bed Bath & Beyond Inc. (NASDAQ: BBBY) suffered its worst trading day in history in late September in reaction to its fiscal second-quarter results. Credit Suisse's Seth Sigman maintains a Neutral rating on Bed Bath & Beyond with a price target lowered from $18 to $16. Citi's Kate McShane maintains at Sell.
Stagnant earnings growth year over year will not be enough to derive any real momentum for Bed Bath & Beyond. Comparable sales declined 1.8%, meaning the net growth resulted from new sales avenues that compensated for a weakening in the established business. For the first nine months of the fiscal year, gross profits are down 4.8% to $2.95 billion.
Stocks that moved substantially or traded heavily Thursday: Macy's Inc., down $5.61 to $26.11 The department store cut its annual forecasts and said sales weakened in mid-December. American Airlines Group ...
shares were a rare standout retail gainer Thursday after it posted stronger-than-expected quarterly earnings and reaffirmed guidance for its full fiscal year. Group sales, however, rose 2.7% from the same period last year to just over $3 billion, even as comparable store sales fell -- by 1.8% -- for the seventh consecutive quarter. "Next year, we believe that to a greater degree, we'll be able to leverage a lot of the investments that we've been making both in technology and in people to be able to enhance the profitability," CEO Steven Temares told investors on a conference call late Wednesday.
Bed Bath & Beyond Inc. (BBBY) reported its third-quarter 2018 earnings on Jan. 9. For the quarter, the home goods retailer's earnings per share stood at 18 cents, beating analysts' expectations by one cent. Revenue amounted to $3.03 billion, which fell short of the $3.04 billion estimate. Warning! GuruFocus has detected 3 Warning Signs with BBBY.
Shares of Bed Bath & Beyond Inc. (BBBY) soared more than 17% in after-hours trading on Wednesday despite reporting mediocre third-quarter 2018 results. Warning! GuruFocus has detected 3 Warning Signs with BBBY. In regard to the strategic initiatives the company is making to drive growth and compete with rivals like Amazon.com Inc. (AMZN) and Wayfair Inc. (NYSE:W), CEO Steve Tamares said on a conference call with analysts he is anticipating them to "gain even more momentum and accelerate" in 2019.
(Bloomberg) -- Bed Bath & Beyond Inc. shocked investors with a rosy forecast for fiscal 2020, but analysts remain skeptical about the company’s ability to hit its targets. Some doubt the company’s strategy of prioritizing profitability over near-term sales. The shares pared their gains to 6 percent at 9:45 a.m. in New York -- after having risen as much as 24 percent in extended trading on Wednesday. The stock may also be getting hit by a wave of disappointing holiday sales results from larger retailers.
In what has shaped up as a stellar season for the retail crowd, BBBY still turned in a rotten performance, just less rotten than expected. You all know what the Redbook is, right? grabbed more and more market-share, y/y Redbook growth had fallen to little more than zero.
U.S. stock futures fell on Thursday, Jan. 10, and global stocks retreated as investors looked past progress in U.S.-China trade talks and shifted their focus to the corporate earnings season and the prospect of weakening profit guidance for the coming year. China's Commerce Ministry described the just-ended three-day talks with U.S. officials in Beijing as "deep and thorough exchanges on trade and structural issues of common concern" but, like the Office of the United States Trade Representative, declined to offer a schedule on a second round of face-to-face meetings between envoys of the world's two biggest economies.
Bed Bath & Beyond, which sells everything from bath towels and bed sheets to kitchen appliances and home furnishings, has been heavily investing in revamping its stores and digital platforms as well as its loyalty programs to ward off online retailers such as Amazon.com Inc (AMZN.O) and Wayfair Inc (W.N). "As we are moving forward in 2019, we expect these initiatives to gain even more momentum and accelerate," Chief Executive Officer Steven Temares said on a conference call with analysts.
The beleaguered home-goods retailer’s shares surged after it reported results that were slightly better than modest expectations, but there is no sign of a real turnaround.
Check out the companies making headlines after the bell: Bed Bath & Beyond BBBY shares soared more than 20 percent during after hours trading as the home-goods company reported it is ahead of its long-term financial goals and beat earnings estimates.
Bed Bath & Beyond Inc. shares rocketed higher in the extended session Wednesday after the home-furnishings retailer’s outlook topped Wall Street estimates.
Shares of home goods retailer Bed Bath & Beyond Inc. jumped 20% after-hours Wednesday after the company reported fiscal third-quarter earnings of 18 cents per share on revenue of $3 billion . Analysts polled by FactSet were expecting the Union, NJ-based company to report earnings of 17 cents per share on revenue of $3.
On a per-share basis, the Union, New Jersey-based company said it had profit of 18 cents. The results beat Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research ...