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Bed Bath & Beyond Inc (BBBY.O)

BBBY.O on Nasdaq

21.02USD
17 Nov 2017
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Latest Key Developments (Source: Significant Developments)

Bed Bath & Beyond reports Q2 earnings per share $0.67
Tuesday, 19 Sep 2017 04:15pm EDT 

Sept 20 (Reuters) - Bed Bath & Beyond Inc :Bed Bath & Beyond Inc reports results for fiscal 2017 second quarter.Q2 earnings per share $0.67.Q2 earnings per share view $0.95 -- Thomson Reuters I/B/E/S.Q2 sales $2.9 billion versus I/B/E/S view $3.01 billion.Bed Bath & Beyond Inc - declared a quarterly dividend of $.15 per share, to be paid on January 16, 2018.Bed Bath & Beyond Inc - qtrly ‍comparable sales decrease of approximately 2.6 pct​.Bed Bath & Beyond Inc - ‍company provides update on ongoing transformational initiatives​.Bed Bath & Beyond Inc - qtrly ‍net sales down by approximately 1.7 pct​.Bed Bath & Beyond Inc - initiatives ‍should produce savings in excess of $150 million over next few years​.Bed Bath & Beyond Inc - estimated costs associated with impact of Hurricane Harvey of approximately $.02 per diluted share in quarter.Bed Bath & Beyond Inc - ‍company is now modeling net earnings per diluted share for full year to be about $3.00​.Bed Bath & Beyond Inc - qtrly ‍earnings had unfavorable impact of approximately $0.02 per diluted share​ associated with impact of Hurricane Harvey.  Full Article

Bed Bath & Beyond accelerates realignment of store management structure
Thursday, 3 Aug 2017 05:11pm EDT 

Aug 3 (Reuters) - Bed Bath & Beyond Inc -:Bed Bath & Beyond Inc accelerates realignment of store management structure.Bed Bath & Beyond - initiated in about half of U.S. Bed Bath & Beyond Stores, about dozen u.s. Buybuy baby stores, ltd realignment of store management organization​.Bed Bath & Beyond says ‍store management organization is primarily resulting in reduction of about 880 department and assistant store manager positions​.Says ‍organizational changes are estimated to generate future annual pre-tax cost savings of approximately $16 million​.Says ‍pre-tax cost savings for remainder of fiscal 2017 are estimated to be approximately $7 million​.Says ‍expects to incur pre-tax cash restructuring charges of approximately $17 million in fiscal 2017​.Bed Bath & Beyond says ‍financial impact of organizational changes and transformational initiatives was not included in full-year modeling assumptions​.Says ‍no further reductions planned in connection with this realignment​.  Full Article

Bed Bath & Beyond reports Q1 earnings per share $0.53
Thursday, 22 Jun 2017 04:15pm EDT 

June 22 (Reuters) - Bed Bath & Beyond Inc -:Bed Bath & Beyond Inc. Reports results for fiscal 2017 first quarter.Q1 earnings per share $0.53.Q1 earnings per share view $0.66 -- Thomson Reuters I/B/E/S.Q1 sales $2.7 billion versus i/b/e/s view $2.79 billion.Bed Bath & Beyond Inc says board of directors declares quarterly dividend of $.15 per share.Qtrly comparable sales decrease of approximately 2.0%.Says after q2, company believes it will have better visibility to full-year.Bed Bath & Beyond - at this time, co is not updating its full year modeling assumptions provided during april.Bed Bath & Beyond Inc - is not updating full year modeling assumptions provided during april 5, 2017 conference call with analysts and investors.Bed Bath & Beyond says it did experience increased softness in transactions in stores during quarter.Bed Bath & Beyond Inc - remains to be seen whether challenges in q1 were more pronounced in, or unique to q1.Bed Bath & Beyond says it also did experience higher net-direct-to-customer shipping expense, coupon expense, and advertising costs during the quarter.  Full Article

Bed Bath & Beyond Inc reports Q4 earnings per share $1.84
Wednesday, 5 Apr 2017 04:15pm EDT 

Bed Bath & Beyond Inc : Bed Bath & Beyond Inc reports results for fiscal 2016 fourth quarter and full year . Q4 earnings per share $1.84 . Q4 same store sales rose 0.4 percent . Q4 earnings per share view $1.78 -- Thomson Reuters I/B/E/S . Q4 sales $3.5 billion versus I/B/E/S view $3.51 billion . Bed Bath & Beyond Inc - Q4 comparable sales increase of approximately 0.4pct . Bed Bath & Beyond Inc - declared an increase in quarterly dividend to $0.15 per share .Bed Bath & Beyond - based on planning assumptions, is modeling decline in EPS in percentage range of low-single digits to 10 percent for fiscal 2017.  Full Article

Bed Bath & Beyond says acquired certain assets including brand, website, certain IP assets and assumed certain contractual obligations of Chef Central
Wednesday, 1 Feb 2017 04:05pm EST 

Bed Bath & Beyond Inc : Bed Bath & Beyond - acquired certain assets including brand, website, certain ip assets and assumed certain contractual obligations of chef central . Bed Bath & Beyond Inc - does not expect acquisition to materially impact its results of operations or consolidated financial position . Bed Bath & Beyond Inc - acquisition was for cash purchase price of $1 million and incremental earnout payments potentially aggregating up to $1.25 million .Bed Bath & Beyond Inc- acquisition was for a cash purchase price of $1 million and incremental earnout payments potentially aggregating up to $1.25 million.  Full Article

Bed Bath & Beyond reports Q3 earnings per share $0.85
Wednesday, 21 Dec 2016 04:15pm EST 

Bed Bath & Beyond Inc - : Bed Bath & Beyond Inc says board of directors has declared a quarterly dividend of $0.125 per share . Models its fiscal 2016 net earnings per diluted share to be at low end of $4.50 to just over $5.00 range . Says One Kings Lane Inc personalizationmall.com excluded from comparable sales calculation . Q3 same store sales fell 1.4 percent . Models 2016 earnings per share to be at low end of $4.50 to just over $5.00 range that it earned over past several years, during heavy investment phase . FY earnings per share view $4.73, revenue view $12.24 billion -- Thomson Reuters I/B/E/S . Bed Bath & Beyond Inc reports results for fiscal 2016 third quarter . Q3 earnings per share $0.85 . Q3 earnings per share view $0.98 -- Thomson Reuters I/B/E/S .Q3 sales $3.0 billion versus I/B/E/S view $3.01 billion.  Full Article

Calpers urges Bed Bath & Beyond shareholders to support proposal "proxy access and director accountability"
Monday, 27 Jun 2016 11:27am EDT 

Bed Bath & Beyond Inc : Calpers Urges Bed Bath & Beyond Shareholders To Support The Proposal "Proxy Access And Director Accountability" - Sec filing . Calpers owns about 587,000 shares in bed bath & beyond inc Source : http://1.usa.gov/28YMvfT Further company coverage: [BBBY.O] (Bengaluru Newsroom; +1 646 223 8780).  Full Article

Bed bath & Beyond Q1 earnings per share $0.80
Wednesday, 22 Jun 2016 04:15pm EDT 

Bed Bath & Beyond Inc : Fiscal 2016 net earnings per diluted share expected to be within range previously described . Fiscal 2016 net earnings per diluted share expected to be within range previously described . Bed Bath & Beyond Inc reports results for fiscal 2016 first quarter . Q1 earnings per share $0.80 . Q1 sales $2.7 billion versus i/b/e/s view $2.78 billion . Q1 same store sales fell 0.5 percent .Q1 earnings per share view $0.86 -- Thomson Reuters I/B/E/S.  Full Article

Bed Bath & Beyond Inc purchases one Kings Lane Inc
Tuesday, 14 Jun 2016 04:00pm EDT 

Bed Bath & Beyond Inc : Bed Bath & Beyond Inc purchases one Kings Lane Inc . Purchase price was not material to Bed Bath & Beyond Inc . Bed Bath & Beyond Inc says purchase of one Kings Lane Inc did not affect Bed Bath & Beyond Inc's fiscal 2016 Q1 ended on May 28, 2016 . Co expects transaction to be slightly dilutive to net earnings per diluted share for fiscal 2016, after transaction and integration costs . Announced an all cash purchase of one Kings Lane Inc, a home décor and design company .Bed Bath & Beyond Inc purchases one Kings Lane Inc.  Full Article

Alliance Data Systems to launch loyalty-driven co-brand credit card
Tuesday, 7 Jun 2016 07:30am EDT 

Alliance Data Systems Corp :Says its card services business and Bed Bath & Beyond to launch loyalty-driven co-brand credit card.  Full Article

US STOCKS-Wall St falls after Fed signals another rate hike this year

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