3 Reasons Bed Bath & Beyond's Earnings Report Disappointed

Now watching

Next video starts in : 7 Play

3 Reasons Bed Bath & Beyond's Earnings Report Disappointed

3 Reasons Bed Bath & Beyond's Earnings Report Disappointed
Replay video
Up next

Various - New Look Wireless [Day 3]

Unlock your personal NFL Now stream by signing in to NFL.com

3 Reasons Bed Bath & Beyond's Earnings Report Disappointed

by TheStreet.com Videos 1:15 mins

3 Reasons Bed Bath & Beyond's Earnings Report Disappointed

by TheStreet.com Videos 1:15 mins

Bed Bath & Beyond shares are down after the retailer reported three items in its most recent earnings report which disappointed Wall Street. First, net income of $333.3 million tumbled 11%, while EPS of $1.60 was 8 cents less than a year earlier. Next, revenue dropped 5.9% to $3.2 billion. Lastly, management's outlook fell short of analyst forecasts. The company anticipates EPS of 92 cents to 96 cents. That shows no growth from the comparable quarter last year and falls short of $1.02 consensus.

Must Watch

Must Watch

  1. Various - New Look Wireless [Day 3]

  2. Various - New Look Wireless REPLAY Day 2

  3. 3:15

    New Look Wireless - A$AP Rocky - Multiply Performance

  4. 6:01

    New Look Wireless - Labrinth - Earthquake Performance

  5. 4:43

    New Look Wireless - MNEK - Interview

  6. 3:56

    New Look Wireless - Conor Maynard - Turnaround

Community

  1. 27:26

    Community Episode 1: Ladders

  2. 27:26

    Community Episode 2: Lawnmower Maintenance and Postnatal Care

  3. 24:40

    Community Episode 3: Basic Crisis Room Decorum

  4. 30:58

    Community Episode 4: Queer Studies and Advanced Waxing

  5. 28:45

    Community Episode 5: Laws of Robotics and Party Rights

  6. 28:13

    Community Episode 6: Basic Email Security

Other Space

  1. 27:05

    Other Space Episode 1: Into the Great Beyond...Beyond

  2. 25:20

    Other Space Episode 2: Getting to Know You

  3. 25:51

    Other Space Episode 3: The Death of A.R.T.

  4. 25:46

    Other Space Episode 4: Ted Talks

  5. 26:44

    Other Space Episode 5: Trouble's Brewing

  6. 27:02

    Other Space Episode 6: Powerless