Bed Bath & Beyond Earns $1.11 per Share

Bed Bath & Beyond (BBBY) just reported fiscal Q2 earnings of $1.11 per share. That’s down from $1.21 per share from one year ago. Wall Street had been expecting $1.16 per share.

For Q2, net sales were approximately $2.988 billion. That’s down 0.2% from a year ago. Comparable sales dropped by 1.2%. Comparable sales “from digital channels” were up by over 20%. In-store comparable sales fell “in the low single-digit percentage range” during Q2.

The good news is that BBBY is standing by its previous full-year earnings forecast of $4.50 to $5.00 per share.

Posted by on September 21st, 2016 at 4:40 pm


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