Bed Bath & Beyond Inc. Delivers Second Consecutive Quarter Of Comparable Sales And Profit Growth
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Bed Bath & Beyond (BBBY) Misses Q3 EPS by 11c
January 7, 2021 6:52 AM ESTBed Bath & Beyond (NASDAQ: BBBY) reported Q3 EPS of $0.08, $0.11 worse than the analyst estimate of $0.19. Revenue for the quarter came in at $2.62 billion versus the consensus estimate of $2.75 billion.
+5% comparable sales growth on core Bed Bath & Beyond banner1; +2% comparable sales growth on total enterpriseOutlook:
Fiscal 2020 Fourth QuarterGiven the significant COVID-related headwinds including heavy store traffic declines, major shipping constraints and higher freight costs, the Company is not providing specific sales and earnings guidance for the fiscal 2020 fourth quarter. The Company is assuming that its stores will... More
