Bed Bath & Beyond (BBBY) Misses Q2 EPS by 28c, Miss on Revenues
Bed Bath & Beyond (NASDAQ: BBBY) reported Q2 EPS of $0.67, $0.28 worse than the analyst estimate of $0.95. Revenue for the quarter came in at $2.94 billion versus the consensus estimate of $3.01 billion.
Net Sales Decrease of Approximately 1.7%; Comparable Sales Decrease of Approximately 2.6%. Comparable sales from customer-facing digital channels continued to have strong growth in excess of 20% for the 13th consecutive quarter, while comparable sales from stores declined in the mid-single-digit percentage range during the fiscal 2017 second quarter.
For earnings history and earnings-related data on Bed Bath & Beyond (BBBY) click here.