Bed Bath & Beyond Inc. Reports Second Quarter Results Delivering Positive Operating Cash Flow

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Go back to Bed Bath & Beyond Inc. Reports Second Quarter Results Delivering Positive Operating Cash Flow

Here's Why Bed Bath & Beyond (BBBY) Stock Crashed 28% in Pre-Open Trading

September 30, 2021 8:54 AM EDT

Shares of Bed Bath & Beyond (NASDAQ: BBBY) are down roughly 28% in pre-open Thursday trading after the company presented disappointing FQ2 results.

BBBY reported earnings per share (EPS) of just $0.04 to miss on the analyst consensus of $0.52. Revenue for the quarter came in at $1.99 billion versus the consensus estimate of $2.06 billion.

While our results this quarter were below expectations, we remain confident in our... More

Bed Bath & Beyond (BBBY) Misses Q2 EPS by 48c, Guidance Misses

September 30, 2021 7:47 AM EDT

Bed Bath & Beyond (NASDAQ: BBBY) reported Q2 EPS of $0.04, $0.48 worse than the analyst estimate of $0.52. Revenue for the quarter came in at $1.99 billion versus the consensus estimate of $2.06 billion.

GUIDANCE:

Bed Bath & Beyond sees Q3 2021 EPS of $0.00-$0.05, versus the consensus of $0.28. Bed Bath & Beyond sees Q3 2021 revenue of $1.96-2 billion, versus the consensus of $2.02 billion.

Bed Bath & Beyond sees FY2021 EPS of $0.70-$1.10, versus the consensus of $1.51. Bed Bath & Beyond sees FY2021 revenue of $8.1-8.3 billion, versus the consensus of $8.31 billion.

Mark Tritton, Bed Bath &... More