UPDATE: Loop Capital Downgrades Bed Bath & Beyond (BBBY) to Sell
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Bed Bath & Beyond (BBBY) PT Raised to $20 at Telsey
November 3, 2021 5:06 AM EDTTelsey analyst Cristina Fernandez raised the price target on Bed Bath & Beyond (NASDAQ: BBBY) to $20.00 while maintaining a Market Perform rating.... More
Bed Bath & Beyond (BBBY) PT Raised to $20 but UBS Expects Gains to not be Sustainable
November 3, 2021 4:57 AM EDTUBS analyst Michael Lasser raised the price target on Bed Bath & Beyond (NASDAQ: BBBY) to $20.00 (from $15.00) while maintaining a Sell rating after management announced a substantial share repurchase plan. The announcement has several components:
1) its ASR should drive meaningful EPS accretion to 22 estimates... More
Bed Bath & Beyond (BBBY) November 20 calls active into announcing a Kroger (KR) partnership.
November 3, 2021 4:33 AM EDTBed Bath & Beyond (NASDAQ: BBBY) 30-day option implied volatility is at 86; compared to its 52-week range of 57 to 303 into announcing a Kroger (KR) partnership. Call put ratio 12.7 calls to 1 put.
... MoreBed Bath & Beyond (BBBY) call put ratio 12.7 calls to 1 put into announcing a Kroger (KR) partnership
November 3, 2021 4:32 AM EDTBed Bath & Beyond (NASDAQ: BBBY) 30-day option implied volatility is at 86; compared to its 52-week range of 57 to 303 into announcing a Kroger (KR) partnership. Call put ratio 12.7 calls to 1 put.
... MoreAfter-Hours Stock Movers 11/02: (BBBY) (CERS) (SMCI) Higher; (FRSH) (ATVI) (BGFV) Lower (more...)
November 2, 2021 5:54 PM EDTAfter-Hours Stock Movers:
Bed Bath & Beyond Inc. (NASDAQ: BBBY) 67% HIGHER; 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.
Cerus (NASDAQ: CERS) 15.3% HIGHER; reported Q3 EPS of ($0.07), $0.03 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $42.1 million versus the consensus estimate of $37.27 million. Cerus sees FY 2021 revenue of $127-129 million.
Super Micro Computer (NASDAQ:... More
Bed Bath & Beyond (BBBY) Announces Bold Moves To Redefine Business Model
November 2, 2021 4:34 PM EDTBed 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. 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.
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 customers an extensive selection of the most... More
Bed Bath & Beyond (BBBY) Climbs 45% Post-Market Following Kroger Pact, Buyback Announcement
November 2, 2021 4:31 PM EDTBed Bath & Beyond (NASDAQ: BBBY) Climbs 45% Post-Market Following Kroger Pact, Buyback Announcement
... MoreBed Bath & Beyond (BBBY) Climbs 12% Post-Market Following Kroger Pact, Buyback Announcement
November 2, 2021 4:20 PM EDTBed Bath & Beyond (NASDAQ: BBBY) Climbs 12% Post-Market Following Kroger Pact, Buyback Announcement
... MoreBed Bath & Beyond (BBBY) Advances $1 Billion Three-year Share Repurchase Program Within Fiscal 2021
November 2, 2021 4:19 PM EDTBed 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.
Mark Tritton, Bed Bath & Beyond's President and CEO commented, "We continue to execute our bold transformation and implement successful strategies that will fortify our near-term and... More
Kroger (KR) Collaborates with Bed Bath & Beyond Inc. (BBBY) to Expands Online and In-Store Home and Baby Offering
November 2, 2021 4:17 PM EDTThe 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
Uber (UBER) Launches New Baby and Kids Category with buybuy BABY, Bed Bath & Beyond (BBBY) and more
November 1, 2021 8:10 AM EDTToday, Uber Technologies, Inc. (NYSE: UBER) announced a partnership with Bed Bath & Beyond® (Nasdaq: BBBY) and buybuy BABY® to help launch the brand new baby and kids vertical in the Uber Eats app. This new hub makes it easier than ever for parents to get all of their baby, kids and family essentials on-demand and delivered right to their door.
... More