Goldman Sachs on Bed Bath & Beyond (BBBY): 'sizable miss to our expectations', Says of Co Bonds 'We expect the market reaction to be quite negative'
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Go back to Goldman Sachs on Bed Bath & Beyond (BBBY): 'sizable miss to our expectations', Says of Co Bonds 'We expect the market reaction to be quite negative'
April 13, 2022 7:31 AM EDT
Bed Bath & Beyond (NASDAQ: BBBY) reported Q4 EPS of ($0.92), $0.95 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $2.05 billion versus the consensus estimate of $2.07 billion.
Fiscal 2022 Outlook Commentary:
At this time, the Company is providing the following... More
April 12, 2022 8:09 AM EDT
Bank of America analyst Jason Haas has reiterated an Underperform rating on Bed Bath & Beyond (NASDAQ: BBBY) stock ahead of tomorrows earnings report.
Haas also reminded investors that BBBY stock is one of the top Underperform ideas for 2022 at Bank of America as the company continues to lose market share to rivals.
BBBYs 4Q comp guidance of down high single digits implies comps down roughly 10% on a 3-year basis vs. +23% 3-year home furnishings industry growth per the US Census. BBBY has been losing share for years as consumers have increasingly consolidated... More
April 12, 2022 3:14 AM EDT
Bed Bath & Beyond (NASDAQ: BBBY) April 19 straddle priced for a move of +/- 18% into the expected release of quarter results before the bell on April 13.
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April 11, 2022 3:17 AM EDT
Bed Bath & Beyond (NASDAQ: BBBY) April 20 straddle priced for a move of +/- 18% into the expected release of quarter results before the bell on April 13.
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