BED BATH & BEYOND INC. REPORTS FISCAL 2022 FIRST QUARTER RESULTS (ENDING MAY 28th, 2022)

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Bed Bath & Beyond (BBBY) PT Lowered to $2 at Goldman Sachs

June 30, 2022 10:45 AM EDT

Goldman Sachs analyst Kate McShane lowered the price target on Bed Bath & Beyond (NASDAQ: BBBY) to $2.00 (from $14.00) while maintaining a Sell rating following earnings.

The analyst commented, "BBBY reported a 1Q22 adj. EPS of ($2.83), significantly lower than consensus (Refinitiv Eikon),... More

Bed Bath & Beyond (BBBY) Plunges 15% Following Soft Results, Inventory Challenges

June 29, 2022 7:42 AM EDT

Bed Bath & Beyond (NASDAQ: BBBY) Plunges 15% Following Soft Results, Inventory Challenges

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Bed Bath & Beyond (BBBY) Misses Q1 EPS by $1.51

June 29, 2022 7:31 AM EDT

Bed Bath & Beyond (NASDAQ: BBBY) reported Q1 EPS of ($2.83), $1.51 worse than the analyst estimate of ($1.32). Revenue for the quarter came in at $1.46 billion versus the consensus estimate of $1.53 billion.

Bed Bath & Beyond banner Comparable1 Sales decline of (27)% reflecting rapid shift in consumer... More