Shares of Bed Bath & Beyond fell 15 percent on Wednesday after missing earnings.
The retailer reported earnings of 36 cents a share, below Thomson Reuters estimates of 50 cents a share.
It reported sales of $2.94 billion, less than expected $2.96 billion.
Comparable sales were down 0.6 percent, rather than growing 0.3 percent, as expected.
This story is developing. Please check back for updates.
from Top News & Analysis https://ift.tt/2Dwbubp
No comments:
Post a Comment