Bed Bath & Beyond (BBBY) Declares $0.15 Quarterly Dividend; 1.8% Yield

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Bed Bath & Beyond (BBBY) PT Lowered to $33 at UBS Following 1Q Results

June 23, 2017 10:04 AM EDT

UBS lowered its price target on Bed Bath & Beyond (NASDAQ: BBBY) to $33.00 (from $37.00) while maintaining a Neutral rating. BBBY reported 1Q EPS of $0.53 missing the consensus estimate of $0.66. UBS reduced 2017 EPS to $4.00 from $4.26 and 2018 EPS to $3.95 from $4.34.

Management noted that it... More

Bed Bath & Beyond (BBBY) PT Lowered to $27 at BofA/Merrill Lynch Following 1Q Miss

June 23, 2017 9:55 AM EDT

BofA/Merrill Lynch lowered its price target on Bed Bath & Beyond (NASDAQ: BBBY) to $27.00 (from $33.00) while maintaining a Underperform rating following the company's 1Q. BBBY reported 1Q EPS of $0.53 vs. consensus estimates of $0.66.

BBBY did not update its FY17 guide which... More

Bed Bath & Beyond (BBBY) PT Lowered to $31 at Deutsche Bank Following Disappointing 1Q

June 23, 2017 7:55 AM EDT

Deutsche Bank lowered its price target on Bed Bath & Beyond (NASDAQ: BBBY) to $31.00 (from $36.00) while maintaining a Hold rating following the company's 1Q. On most metrics BBBY missed estimates. Relative to previous quarters, results are getting worse. The 2% comp was below... More

Bed Bath & Beyond (BBBY) Misses Q1 EPS by 10c, Comps Down 2.0%

June 22, 2017 4:17 PM EDT

Bed Bath & Beyond (NASDAQ: BBBY) reported Q1 EPS of $0.53, $0.10 worse than the analyst estimate of $0.63. Revenue for the quarter came in at $2.74 billion versus the consensus estimate of $2.79 billion.

Comparable sales in the fiscal 2017 first quarter decreased by approximately 2.0%, compared with a decrease of approximately 0.5% in last year's fiscal first quarter. Comparable sales from... More