BED BATH & BEYOND INC. REPORTS THIRD QUARTER RESULTS (ENDING NOVEMBER 27, 2021) DELIVERING STRONG GROSS MARGIN PERFORMANCE

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Bed Bath & Beyond (BBBY) PT Lowered to $9.50 at BofA Securities

January 7, 2022 9:23 AM EST

BofA Securities analyst Jason Haas lowered the price target on Bed Bath & Beyond (NASDAQ: BBBY) to $9.50 (from $11.50) while maintaining a Underperform rating.

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Bed Bath & Beyond (BBBY) PT Lowered to $15 at Goldman Sachs

January 7, 2022 6:13 AM EST

Goldman Sachs analyst Kate McShane lowered the price target on Bed Bath & Beyond (NASDAQ: BBBY) to $15.00 (from $20.00) while maintaining a Sell rating following results as comps seen as remaining lackluster due to traffic challenges and supply chain woes.

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Bed Bath & Beyond (BBBY) Earses Earlier Decline, Now Up 10% Following Results and Guidance

January 6, 2022 8:22 AM EST

Bed Bath & Beyond (NASDAQ: BBBY) Earses Earlier Decline, Now Up 10% Following Results and Guidance

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Bed Bath & Beyond (BBBY) Misses Q3 EPS by 25c, Q4 Guidances Falls Short of Consensus

January 6, 2022 7:32 AM EST

Bed Bath & Beyond (NASDAQ: BBBY) reported Q3 EPS of ($0.25), $0.25 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $1.88 billion versus the consensus estimate of $1.96 billion.

GUIDANCE:

Bed Bath & Beyond sees Q4 2021 EPS of $0.00-$0.15, versus the consensus of $0.72. Bed Bath & Beyond sees Q4 2021 revenue of $2.1 billion, versus the consensus of $2.27 billion.

As a reminder, Net Sales throughout fiscal 2021... More