Bed Bath & Beyond (BBBY) Tops Q1 EPS by 4c, Comps Decline 6.6%, Guides to Low End of Previous Range

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Bed Bath & Beyond Inc. Reports Results For Fiscal 2019 First Quarter

July 10, 2019 4:15 PM EDT

UNION, N.J., July 10, 2019 /PRNewswire/ -- Bed Bath & Beyond Inc. (Nasdaq: BBBY) today reported financial results for the first quarter of fiscal 2019 ended June 1, 2019.  

Mary A. Winston, Interim CEO, stated, "Bed Bath & Beyond is an iconic brand with tremendous opportunity and we recognize that there needs to be a fundamental change in our approach to executing the Company's business transformation.  We have set four key near-term priorities that include stabilizing and driving top-line growth; resetting the cost structure; reviewing and optimizing the Company's asset base, including our portfolio of retail banners;... More