Bed Bath & Beyond (BBBY) Misses Q2 EPS by 5c; Comps Lighter than Expected

Bed Bath & Beyond (NASDAQ: BBBY) reported Q2 EPS of $1.11, in-line with the analyst estimate of $1.16. Revenue for the quarter came in at $2.99 billion versus the consensus estimate of $3.05 billion.

Comps fell 1.2 percent versus expectations of a 0.4 percent gain.

GUIDANCE:

Bed Bath & Beyond sees FY2016 EPS of $4.50-$5.00, versus the consensus of $4.83.

For earnings history and earnings-related data on Bed Bath & Beyond (BBBY) click here.

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