Morgan Stanley Reiterates Underweight on Bed Bath & Beyond (BBBY) Following 4Q Beat

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Go back to Morgan Stanley Reiterates Underweight on Bed Bath & Beyond (BBBY) Following 4Q Beat

Bed Bath & Beyond Inc. Reports Results For Fiscal 2015 Fourth Quarter And Full Year

April 6, 2016 4:15 PM EDT

UNION, N.J., April 6, 2016 /PRNewswire/ -- Bed Bath & Beyond Inc. (NASDAQ: BBBY) today reported financial results for the fourth quarter and full year of fiscal 2015 ended February 27, 2016.

Fourth Quarter Results

For the fourth quarter of fiscal 2015, the Company reported net earnings of $1.91 per diluted share ($303.5 million) compared with $1.80 per diluted share ($321.1 million) for the fourth quarter of fiscal 2014.  Net earnings per diluted share for the fourth quarter of fiscal 2015 includes approximately $.06 per diluted share of a net benefit for certain non-recurring items, including a favorable state audit settlement.... More