Bed Bath & Beyond (BBBY) Tops Q3 EPS by 1c, Believes FY19 net EPS will be about Same as FY18
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Bed Bath & Beyond Inc. Reports Results For Fiscal 2018 Third Quarter
January 9, 2019 4:15 PM ESTUNION, N.J., Jan. 9, 2019 /PRNewswire/ -- Bed Bath & Beyond Inc. (Nasdaq: BBBY) today reported financial results for the third quarter of fiscal 2018 ended December 1, 2018.
Fiscal 2018 Third Quarter Results
For the fiscal 2018 third quarter, the Company reported net earnings of $.18 per diluted share ($24.4 million), compared with $.44 per diluted share ($61.3 million) for the fiscal 2017 third quarter. Net sales for the fiscal 2018 third quarter were approximately $3.0 billion, an increase of approximately 2.6% compared to the prior year period. Comparable sales in the fiscal 2018 third quarter declined approximately 1.8%, and included strong sales growth from... More
