<< Read Full Article
<< Read Full Article
(Analysts' commentary added.)
NEW YORK (TheStreet) -- Bed Bath & Beyond(BBBY) went far beyond in the last quarter, reaping a 14% jump in profit, as the company cut costs and saw improving sales trends.
Nonetheless, the company was downgraded to neutral from outperform by a Credit Suisse analyst, sending shares down 3% to $37.90 before the bell.
During the quarter -- the second of the company's fiscal year -- Bed, Bath and Beyond earned $135.5 million, or 52 cents a share, up from $119.3 million, or 46 cents, in the year-ago period. Analysts had expected earnings of 48 cents a share. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,733.67 | 1,166.21 | 2,389.09 | 36.42 |
Oil *
81.99
|
|
UP
47.69
|
UP
6.75
|
UP
11.08
|
DOWN
0.11
|
10 Yr
3.64%
SPDR Gold
109.59
|
|
+0.45%
|
+0.58%
|
+0.47%
|
-0.30%
|
Data delayed 20 minutes |
More From TheStreet
Latest Headlines
Brokerage Partners
Sponsored Links
Connect with TheStreet