Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Bed Bath & Beyond is slipping as its struggles continue (BBBY) By: Business Insider June 28, 2018 at 13:00 PM EDT Bed Bath & Beyond had a descent quarter, but investors aren't impressed. Analysts are skeptical the retailer's weak net-sales growth will subside soon. Shares slid as much as 7% Thursday.Watch Bed Bath and Beyond trade in real time here. Bed Bath & Beyond shares are sliding Thursday, down as much as 7%, after the retailer beat on earnings and reported in line revenue. The retailer earned $0.38 on revenue of $2.7 billion. Wall Street was expecting earnings-per-share of $0.31 on $2.7 billion of revenue.Bed Bath & Beyond stuck by its full-year guidance after posting weak net sales growth of 0.4% year-over-year, and a disappointing comparable sales decline of 0.6% YoY. Management said it expects full-year 2018 EPS to be in the low-to-mid $2 range, missing the Wall Street consensus of $2.28. "When can it plug the drain?"UBS analyst Michael Lasser asked. "Bed Bath and Beyond's first-quarter helped serve as a reminder that its transformation remains a work in progress." He left his price target unchanged at $19 a share. Bed Bath and Beyond is down 12% this year. NOW WATCH: This is how moveable prosthetic covers are made for bionic limbsSee Also:A look at the demanding schedule of Elon Musk, who works in 5-minute slots, skips breakfast, and largely avoids emailsAn island in Brazil has so many snakes that humans aren't allowed on it — and it's the stuff of nightmaresWHERE ARE THEY NOW: All the winning 'Bachelor' couplesSEE ALSO: 100,000 Americans could have their jobs destroyed by Trump's trade war Related Stocks: Bed Bath & Beyond Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Bed Bath & Beyond is slipping as its struggles continue (BBBY) By: Business Insider June 28, 2018 at 13:00 PM EDT Bed Bath & Beyond had a descent quarter, but investors aren't impressed. Analysts are skeptical the retailer's weak net-sales growth will subside soon. Shares slid as much as 7% Thursday.Watch Bed Bath and Beyond trade in real time here. Bed Bath & Beyond shares are sliding Thursday, down as much as 7%, after the retailer beat on earnings and reported in line revenue. The retailer earned $0.38 on revenue of $2.7 billion. Wall Street was expecting earnings-per-share of $0.31 on $2.7 billion of revenue.Bed Bath & Beyond stuck by its full-year guidance after posting weak net sales growth of 0.4% year-over-year, and a disappointing comparable sales decline of 0.6% YoY. Management said it expects full-year 2018 EPS to be in the low-to-mid $2 range, missing the Wall Street consensus of $2.28. "When can it plug the drain?"UBS analyst Michael Lasser asked. "Bed Bath and Beyond's first-quarter helped serve as a reminder that its transformation remains a work in progress." He left his price target unchanged at $19 a share. Bed Bath and Beyond is down 12% this year. NOW WATCH: This is how moveable prosthetic covers are made for bionic limbsSee Also:A look at the demanding schedule of Elon Musk, who works in 5-minute slots, skips breakfast, and largely avoids emailsAn island in Brazil has so many snakes that humans aren't allowed on it — and it's the stuff of nightmaresWHERE ARE THEY NOW: All the winning 'Bachelor' couplesSEE ALSO: 100,000 Americans could have their jobs destroyed by Trump's trade war Related Stocks: Bed Bath & Beyond