Investor Group Comments on Bed Bath & Beyond Q4 Earnings

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Guggenheim Reiterates Neutral Rating on Bed Bath & Beyond (BBBY)

April 11, 2019 7:28 AM EDT

Guggenheim analyst, Steven Forbes, reiterated a Neutral rating on Bed Bath & Beyond (NASDAQ: BBBY) following the company's 4Q report. BBBY's 4Q 2018 operating results (revenue, EBIT, and EPS) were essentially in-line with expectations. That said, retail comps fell ~5% year-over-year and EBIT margin eroded ~260 basis... More