UPDATE: Bed Bath & Beyond (BBBY) Tops Q4 EPS by 7c; Models FY17 EPS Decline in Low-Single Digits to 10%
Bed Bath & Beyond (NASDAQ: BBBY) reported Q4 EPS of $1.84, $0.07 better than the analyst estimate of $1.77. Revenue for the quarter came in at $3.53 billion versus the consensus estimate of $3.5 billion.
Comps increased 0.4%.
Fiscal 2017 Outlook
Bed Bath & Beyond Inc.'s conference call with analysts and investors will be held today at 5:00 pm EDT. During this call, the Company plans to review certain of its financial planning assumptions for fiscal 2017.
Based on these planning assumptions, Bed Bath & Beyond Inc. is modeling a decline in net earnings per diluted share in the percentage range of low-single digits to 10 percent for fiscal 2017.
For earnings history and earnings-related data on Bed Bath & Beyond (BBBY) click here.