Retail News

Bed Bath & Beyond shares tumble after outlook slashed

The Wall Street Journal 09/19/2017

Shares of Bed Bath & Beyond fell 13 percent in after-hours trading following the retailer’s announcement that earnings per share for the year are likely to fall 34 percent below last year. Same-store sales at the company fell 2.6 percent in the last quarter, much worse than the 0.6 percent decline expected by analysts.

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