Bed Bath & Beyond (BBBY) Raises Quarterly Dividend 6.7% to $0.16; 3% Yield

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Go back to Bed Bath & Beyond (BBBY) Raises Quarterly Dividend 6.7% to $0.16; 3% Yield

Bed Bath & Beyond Inc. Reports Results For Fiscal 2017 Fourth Quarter (14 Weeks) And Full Year (53 Weeks)

April 11, 2018 4:15 PM EDT

UNION, N.J., April 11, 2018 /PRNewswire/ -- Bed Bath & Beyond Inc. (NASDAQ: BBBY) today reported financial results for the fiscal fourth quarter (14 weeks) and full year (53 weeks) ended March 3, 2018.

Fiscal 2017 Fourth Quarter Results

For the fiscal 2017 fourth quarter (14 weeks), the Company reported net earnings of $1.41 per diluted share ($194.0 million), which included a net unfavorable $10.5 million tax expense related to the Tax Cuts and Jobs Act of 2017 (the Tax Act).  Excluding the net unfavorable impact from the Tax Act, net earnings per diluted share in the fiscal 2017 fourth quarter would have... More