Bed Bath & Beyond missed Wall Street estimates for the second quarter as sales slid and losses mounted. Net loss was $366.2 million, or $4.59 per diluted share, versus a net loss of $73.2 million, or 72 cents per share, in the year-before quarter. Adjusted for...
The initial list of Bed Bath & Beyond store closings is out and although it only includes about a third of the 150 stores the company said it would shutter, the first look demonstrates that the company is thinning out its store density in markets across the United...
Bed Bath & Beyond appointed Laura Crossen interim CFO following the death of CFO Gustavo Arnal, the company stated in a filing with the United States Securities and Exchange Commission. Crossen was the company’s senior vice president, finance and chief accounting...
Bed Bath & Beyond released a strategic update focused on changes to meet customer demand, drive growth and profitability, and improve its balance sheet and cash flows as the company reported on changes to the executive suite, a refocus on national brands, buybuy...
At a time when both suppliers and the financial community are concerned about its prospects, Bed Bath & Beyond has announced that it will hold a conference call to provide a business and strategic update on August 31 at 8:15 a.m. Eastern Time. Sue Gove, director...
