Bed Bath & Beyond (BBBY) Raises Quarterly Dividend 20% to $0.15; 1.6% Yield

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Go back to Bed Bath & Beyond (BBBY) Raises Quarterly Dividend 20% to $0.15; 1.6% Yield

Bed Bath & Beyond Inc. Reports Results For Fiscal 2016 Fourth Quarter And Full Year

April 5, 2017 4:15 PM EDT

UNION, N.J., April 5, 2017 /PRNewswire/ -- Bed Bath & Beyond Inc. (NASDAQ: BBBY) today reported financial results for the fourth quarter and full year of fiscal 2016 ended February 25, 2017.

Fiscal 2016 Fourth Quarter Results

For the fiscal fourth quarter, the Company reported net earnings of $1.84 per diluted share ($268.7 million) compared with $1.91 per diluted share ($303.5 million) for the fiscal 2015 fourth quarter, which included approximately $.06 per diluted share of a net benefit for certain non-recurring items.  Net sales for the fiscal 2016 fourth quarter were approximately $3.5 billion, an increase of approximately 3.4% from net sales of... More