Bed Bath & Beyond Inc. Reports Results For Fiscal 2020 First Quarter

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Bed Bath & Beyond (BBBY) Misses Q1 EPS by 79c

July 8, 2020 4:31 PM EDT

Bed Bath & Beyond (NASDAQ: BBBY) reported Q1 EPS of ($1.96), $0.79 worse than the analyst estimate of ($1.17). Revenue for the quarter came in at $1.31 billion versus the consensus estimate of $1.34 billion.

Outlook

The Company is not providing financial guidance for 2020 due to the continued uncertainty related to the impact of the COVID-19 pandemic. The COVID-19 pandemic remains volatile and the impact continues to evolve, and it could adversely affect the Company's store... More