UPDATE: Loop Capital Downgrades Bed Bath & Beyond (BBBY) to Sell
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Bed Bath & Beyond Inc. Advances $1 Billion Three-year Share Repurchase Program Within Fiscal 2021
November 2, 2021 4:19 PM EDTUNION, N.J., Nov. 2, 2021 /PRNewswire/ --Â Bed Bath & Beyond Inc. (NASDAQ: BBBY) today announced that it expects to complete its $1 billion three-year share repurchase plan by the end of fiscal 2021, two years ahead of schedule.
Program-to-date, the Company has completed $600 million in share repurchases since the end of fiscal 2020. The Company now expects to repurchase the remaining $400 million of the program by the end of fiscal 2021, specifically over the third and fourth quarters.Â
Mark Tritton, Bed Bath & Beyond's President and CEO commented, "We continue to execute our bold transformation and... More
Bed Bath & Beyond Inc. Announces Bold Moves To Redefine Business Model
November 2, 2021 4:17 PM EDTUNION, N.J., Nov. 2, 2021 /PRNewswire/ --Â Bed Bath & Beyond Inc. (NASDAQ: BBBY) today announced the launch of its new digital marketplace to build on the Company's existing authority in key Home & Baby categories. Â The marketplace will expand its assortment of key products from a highly curated selection of third-party brand partners that will be seamlessly integrated into the Bed Bath & Beyond digital platform.Â
This announcement follows today's joint press release, in which Bed Bath & Beyond Inc. and The Kroger Co. announced a strategic collaboration to directly offer Kroger... More
Kroger and Bed Bath & Beyond Inc. to Collaborate on a National E-commerce Experience and In-Store Pilot to Expand Kroger's Home and Baby Offering
November 2, 2021 4:15 PM EDTCINCINNATI and UNION, N.J., Nov. 2, 2021 /PRNewswire/ -- The Kroger Co. (NYSE: KR), America's largest grocery retailer, and Bed Bath & Beyond Inc. (NASDAQ: BBBY), a leading omnichannel retailer for home, baby and wellness products, announced today a strategic collaboration to directly offer Kroger customers an extensive selection of the most sought-after goods for the home and baby products carried by Bed Bath & Beyond Inc. through... More
Kroger and Bed Bath & Beyond Inc. to Collaborate on a National E-commerce Experience and In-Store Pilot to Expand Kroger's Home and Baby Offering
November 2, 2021 4:15 PM EDTCINCINNATI and UNION, N.J., Nov. 2, 2021 /PRNewswire/ --Â The Kroger Co. (NYSE: KR), America's largest grocery retailer, and Bed Bath & Beyond Inc. (NASDAQ: BBBY), a leading omnichannel retailer for home, baby and wellness products, announced today a strategic collaboration to directly offer Kroger customers an extensive selection of the most sought-after goods for the home and baby products carried by Bed Bath & Beyond Inc. through Kroger.com as well as a small-scale physical store pilot at select Kroger... More