Bed Bath & Beyond (BBBY) Misses Q3 EPS by 40c, Comps Down 8.3%, Announces Withdraw of Full Year Financial Guidance

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Go back to Bed Bath & Beyond (BBBY) Misses Q3 EPS by 40c, Comps Down 8.3%, Announces Withdraw of Full Year Financial Guidance

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

January 8, 2020 4:15 PM EST

UNION, N.J., Jan. 8, 2020 /PRNewswire/ -- Bed Bath & Beyond Inc. (Nasdaq: BBBY) today reported financial results for the third quarter of fiscal 2019 ended November 30, 2019.

"I am delighted to have the opportunity to lead this iconic company," stated Mark J. Tritton, Bed Bath & Beyond's President and CEO.  "Our performance in the third quarter was unsatisfactory and underscores the imperative for change and strengthens our sense of priorities and purpose.  We must respond to the challenges we face as a business, including pressured sales and profitability, and reconstruct a modern, durable model for... More