Bed Bath & Beyond (BBBY) Misses Q1 EPS by 6c, Comps Fall 0.5%
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Go back to Bed Bath & Beyond (BBBY) Misses Q1 EPS by 6c, Comps Fall 0.5%
June 23, 2016 9:53 AM EDT
Nomura 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
June 23, 2016 8:26 AM EDT
Jefferies 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
June 23, 2016 6:50 AM EDT
BTIG 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
