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More on Bed Bath and Beyond's (BBBY) Q1: Earnings beat expectations but lower guidance - Q2 EPS...
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Wednesday, June 20, 2012, 4:35 PM ETMore on Bed Bath and Beyond's (BBBY) Q1: Earnings beat expectations but lower guidance - Q2 EPS seen at $0.97-$1.03 vs. an expected $1.08 - has sent the stock tumbling after hours, -9.9%. Same-store sales up about 3%; company sees full-year EPS growth in "high single to low double digits."
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Stock at $66
!5 x eps seems inexpensive to me for a stock that basically has a monopoly on that segment of their industry.
With housing starts appearing to be better and the overall real estate industry seemingly improving,I'm a buyer at these levels
P and G and WAG are two companies with much competion and poor management
There are many items can only be found in BBBY and will never show up at Target stores.
They have private shopper service and VIP night shopping and Target does not!