Bed Bath & Beyond Inc. (BBBY) - NASDAQ
  • Thu, Jun. 23, 12:07 PM
    • Down sharply initially after last night's earnings miss, Bed Bath & Beyond (BBBY +0.9%) has seen the dip buyers move in. Still, the long-term price trend isn't a pretty one, with the stock down about 40% since early 2015.
    • Credit Suisse's Seth Sigman sees near-term downside of about $39 (vs. current $43.60). "We think the company is generally doing the right things for the long term, but we see that continuing to pressure near-term results."
    • Though calling the Q1 report "not shocking," Goldman nevertheless trims its Q2 EPS estimate to $1.13 from $1.19, and full-year estimate to $4.70 from $4.85 (and vs. the company at $4.50-$5).
    | Thu, Jun. 23, 12:07 PM | 1 Comment
  • Wed, Jun. 22, 5:36 PM
    • Top gainers, as of 5.25 p.m.: APOG +7.6%. BKS +5.8%. ESV +4.9%. MLHR +4.5%. VALE +2.5%.
    • Top losers, as of 5.25p.m.: SCS -9.9%. IBN -8.8%. RHT -5.7%. BBBY -4.8%.
    | Wed, Jun. 22, 5:36 PM | 2 Comments
  • Wed, Jun. 22, 5:33 PM
    • Bed Bath & Beyond (NASDAQ:BBBY) -4.8% AH after reporting weaker than expected FQ1 earnings on flat sales, as the company continues to struggle with the shift away from brick-and-mortar stores.
    • However, BBBY affirms its FY 2017 profit outlook, seeing EPS "comfortably" in the range it has earned over last several years during a heavy investment phase of $4.50-$5.00 vs. $4.98 analyst consensus estimate.
    • BBBY says sales at stores open for at least a year fell 0.5% during the quarter, compared with a year-earlier increase of 2.2% and analyst expectations for a 0.6% increase; gross margin narrowed to 37.4% from 38.1% a year ago.
    | Wed, Jun. 22, 5:33 PM
  • Wed, Jun. 22, 4:16 PM
    • Bed Bath & Beyond (NASDAQ:BBBY): FQ1 EPS of $0.80 misses by $0.06.
    • Revenue of $2.74B (flat Y/Y) misses by $40M.
    • Shares -3.75%.
    • Press Release
    | Wed, Jun. 22, 4:16 PM | 3 Comments
  • Tue, Jun. 21, 5:35 PM
  • Tue, Jun. 14, 4:20 PM
    • Bed Bath & Beyond (NASDAQ:BBBY) announces it acquired One Kings Lane for an undisclosed amount.
    • One Kings Lane works directly with home furnishings brands, vintage dealers, designers and tastemakers to offer a curated merchandise assortment. The home decor firm also has design studios located in San Francisco and New York.
    • The company expects the transaction to be slightly dilutive to its net earnings per diluted share for FY16, after transaction and integration costs.
    • Source: Press Release
    | Tue, Jun. 14, 4:20 PM | 4 Comments
  • Thu, Jun. 9, 12:23 PM
    • Retail stocks are broadly lower after a weak earnings report from Restoration Hardware (RH -21.2%) set a gloomy tone. The S&P Retail ETF (NYSEARCA:XRT) is 1.91% lower on the day.
    • Williams-Sonoma (WSM -4.8%) and Bed Bath & Beyond (BBBY -3.7%) are down sharply after the RH guidance dud.
    • Mall chain and department store stocks are also seeing some anxious trading as investors continue to bet on discounters and variety stores which target budget shoppers.
    • Notable decliners include Ascena Retail (ASNA -5.4%), Guess (GES -3.2%), Nordtrom (JWN -3.1%), Urban Outfitters (URBN -2.6%), Cato (CATO -2.6%), DSW (DSW -2.6%), and Gap (GPS -2%).
    • Target (NYSE:TGT) is down 1.6% after a rough annual meeting where there was much more attention paid to the company's transgender bathroom policy than execs probably desired.
    • Retail ETFs: XLY, XRT, VCR, RTH, RETL, FXD, FDIS, RCD, PMR, JHMC, CNDF
    | Thu, Jun. 9, 12:23 PM | 6 Comments
  • Thu, Apr. 7, 10:20 AM
    | Thu, Apr. 7, 10:20 AM
  • Wed, Apr. 6, 5:36 PM
    | Wed, Apr. 6, 5:36 PM | 3 Comments
  • Wed, Apr. 6, 4:30 PM
    | Wed, Apr. 6, 4:30 PM
  • Wed, Apr. 6, 4:18 PM
    • Bed Bath & Beyond (NASDAQ:BBBY): FQ4 EPS of $1.85 beats by $0.04.
    • Revenue of $3.42B (+2.4% Y/Y) beats by $30M.
    • Shares +5%.
    • Press Release
    | Wed, Apr. 6, 4:18 PM | 3 Comments
  • Wed, Apr. 6, 10:05 AM
    • Bed, Bath & Beyond (BBBY -1.2%) trades weak with Q4 earnings due out after the market close today.
    • The consensus estimate from analysts is for revenue of $3.39B and EPS of $1.80 to be reported.
    • What to watch: Commentary from management on how heavy the retailer has been leaning on the promotional lever during Q1 and where it stands with inventory management could be crucial.
    • Now read Bed Bath & Beyond Earnings: How Much Worse Can It Get?
    | Wed, Apr. 6, 10:05 AM
  • Tue, Apr. 5, 5:35 PM
  • Fri, Feb. 12, 9:30 AM
    • Oppenheimer reduces its rating on Bed Bath & Beyond (NASDAQ:BBBY) to Perform from Outperform.
    • The investment firm thinks the "noisy macro backdrop" could cut into consumer demand.
    | Fri, Feb. 12, 9:30 AM | 1 Comment
  • Thu, Feb. 11, 11:46 AM
    • There's some nervous trading on stocks associated with consumers spending money on their houses. Today's macroeconomic news and stock market decline are cutting into confidence over consumer spending patterns.
    • Pier 1 Imports (PIR -7.9%), Mattress Firm (MFRM -3.1%), Tile Shop (TTS -2.9%), Lumber Liquidators (LL -5.8%), Restoration Hardware (RH -3.6%), Bed Bath & Beyond (BBBY -2.5%), La-Z-Boy (LZB -3%), Kirkland's (KIRK -2.3%), and Williams-Sonoma (WSM -2.5%) are all lower than broad market averages.
    • Lowe's (LOW -1.5%) and Home Depot (HD -1.2%) are showing a milder loss.
    | Thu, Feb. 11, 11:46 AM | 23 Comments
  • Wed, Jan. 27, 7:51 AM
    • KeyBanc Capital is taking a negative view of the home furnishings and merchandise sector.
    • Haverty Furniture (NYSE:HVT) is downgraded to Sector Weight from Overweight.
    • Pier 1 Imports (NYSE:PIR) is taken to Sector Weight from Overweight.
    • Bed Bath & Beyond (NASDAQ:BBBY) is set at Underweight after being slotted at Sector Weight previously. BBBY -2.72% premarket to $42.86.
    | Wed, Jan. 27, 7:51 AM
Company Description
Bed Bath & Beyond, Inc. is a chain of retail stores, which engages in the sale of wide assortment of domestic merchandise. The company and its subsidiaries operates under the names Bed Bath & Beyond, Christmas Tree Shops, Christmas Tree Shops andThat!, Harmon or Harmon Face Values, buybuy BABY,... More
Sector: Services
Industry: Home Furnishing Stores
Country: United States