Bed Bath & Beyond (BBBY) Misses Q1 EPS by 6c, Comps Fall 0.5%
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Nomura Securities Cuts Price Target on Bed Bath & Beyond (BBBY) Following 1Q Report
June 23, 2016 9:53 AM EDTNomura Securities maintained a Neutral rating on Bed Bath & Beyond (NASDAQ: BBBY), and cut the price target to $45.00 (from $50.00), following the company's 1Q earnings report. BBBY reported EPS of $0.80 with flat sales of $2.74bn. Additionally, digital channel sales grew in excess of 20%, while... More
Jefferies Cuts Price Target on Bed Bath & Beyond (BBBY) Following 1Q Report
June 23, 2016 8:26 AM EDTJefferies maintained a Hold rating on Bed Bath & Beyond (NASDAQ: BBBY), and cut the price target to $45.00 (from $52.00), following the company's 1Q earnings report. BBBY reported EPS of $0.80 missing Street expectations for $0.86 as comps turned negative. Comp sales declined 0.5% vs. Street's expectations for +0.6%.
Analyst... More
BTIG Remains Cautious on Bed Bath & Beyond (BBBY) Following Q1 Results; Affirms at 'Neutral'
June 23, 2016 6:50 AM EDTBTIG maintains a Neutral rating on Bed Bath & Beyond (NASDAQ: BBBY) following Q1 results issued Wednesday night.
Analyst Alan Rifkin commented, We expect BBBY shares to be weak today after reporting 1Q revenues, comps and EPS that were below our expectations.... More
