Seeking Alpha

adspatz's  Instablog

Send Message
Aaron Spatz is the writer of SEC Live Filings Digest, detailing the news of companies trading on U.S. stock exchanges. The Filings Digest is but one component of the greater website SEC Live, which specializes in making SEC filings easy to read, research, navigate, and much more.
My company:
SEC Live
  • Bed Bath & Beyond's Earnings Rise 11% 0 comments
    Sep 26, 2013 2:01 AM | about stocks: BBBY

    Originally published at

    Bed Bath & Beyond Inc. (NASDAQ:BBBY) announced its financial results for the second quarter of fiscal year 2013, reporting earnings and revenue increases. Revenue increased 8.9% to $2.82B while its gross margin shrank slightly from 39.8% to 39.4%. Bed Bath & Beyond earnings for the quarter were $249.3M, or $1.16 per share, compared to last year this quarter with $224.3M and $0.98 earnings per share. The company has taken steps to improve profitability by updating its website offerings while also making specialty foods and beverages another aspect to its store. The company's stock price jumped after Bed Bath & Beyond raised the lower end of its annual guidance by $0.04. Same-store sales increased 3.7%, just edging out the 3.5% growth experienced a year ago.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Themes: financial results, earnings Stocks: BBBY
Back To adspatz's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.