Bed Bath & Beyond (BBBY) Misses Q3 EPS by 14c; Sees FY at Low End

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Go back to Bed Bath & Beyond (BBBY) Misses Q3 EPS by 14c; Sees FY at Low End

Bed Bath & Beyond Inc. Reports Results For Fiscal 2016 Third Quarter

December 21, 2016 4:15 PM EST

UNION, N.J., Dec. 21, 2016 /PRNewswire/ -- Bed Bath & Beyond Inc. (NASDAQ: BBBY) today reported financial results for the third quarter of fiscal 2016 ended November 26, 2016.

Third Quarter Results

For the third quarter of fiscal 2016, the Company reported net earnings of $.85 per diluted share ($126.4 million) compared with $1.09 per diluted share ($177.8 million) for the third quarter of fiscal 2015.  Net sales for the third quarter of fiscal 2016 were approximately $2.955 billion, an increase of approximately 0.1% from net sales of approximately $2.952 billion reported in the third quarter of fiscal 2015.  Comparable sales in the third quarter of fiscal... More