Bed Bath & Beyond (BBBY) Misses Q2 EPS by $1.42
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BED BATH & BEYOND INC. REPORTS FISCAL 2022 SECOND QUARTER RESULTS
September 29, 2022 7:30 AM EDTNet Sales of $1.44B; Comparable Sales of (26)%, In Line with Expectations Announced on August 31st
GAAP and Adjusted Gross Margin of 27.7% Reflecting 260bps of Accelerated Inventory Clearance Activity vs. Q2'21
Double-Digit Improvement in Inventory to Net Sales Gap vs. Q1'22
Current Liquidity of Approximately $0.85 Billion
Recently Launched At-The-Market Offering Program to Provide Incremental Flexibility
UNION, N.J., Sept. 29, 2022 /PRNewswire/ -- Bed Bath & Beyond Inc. (Nasdaq: BBBY) today reported financial results for the second quarter of fiscal... More
