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Bed Bath & Beyond Plunges To
New Lows After Earnings: Here's
What The Street Is Saying

Original Article

Posted By: NorthernDog, 7/11/2019 10:53:09 PM

Bed Bath & Beyond Inc. (NASDAQ: BBBY) reported Wednesday fiscal first-quarter results, which sent the stock tumbling to its lowest level in over a decade. Here is a summary of how some of the Street's top analysts reacted to the print and management's guidance. (Snip) Shares of Bed Bath & Beyond hit a new multi-year low of $10.43 Thursday morning. The stock traded down 6.7% to $10.75 at time of publication. Wedbush: 'Tough Quarter' Bed Bath & Beyond's "tough quarter" is highlighted by a 6.6% decline in comps, 68% decline in adjusted EPS and a 63% decline in cash flow

Comments:

Another retailer going down the drain. If you need a new hamper or fuzzy toilet seat cover - better hurry.

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Reply 1 - Posted by: bamapreacher 7/11/2019 11:33:56 PM (No. 121174)
BB&B had beautiful things but they were too expensive. They also seemed like good quality so perhaps they don't wear out very often and how many towels and sheets can you have? A hamper should last almost a lifetime. So should a lot else they sell.
7 people like this.

Reply 2 - Posted by: Safari Man 7/12/2019 12:23:31 AM (No. 121195)
Shareholders are taking a bath.
5 people like this.

Reply 3 - Posted by: Nevadadad46 7/12/2019 1:04:20 AM (No. 121207)
Why? I really like this store. But, I seldom shop there...I always enjoy shopping there when I do, though. The stores are clean, well-stocked, huge variety, prices are a little upper class, but not out of touch for me in the middle class. I love their kitchen products, bedding, bath selection and all the little odd things they place throughout the store. It is always something of an adventure to shop there. But, when I go to Walmart, which I do often, I have to drive right in front of BB&B- yet, I only shop there during the holidays. Go figure. Walmart? Hmmm
1 person likes this.

Reply 4 - Posted by: ColonialAmerican1623 7/12/2019 1:32:02 AM (No. 121217)
Locally, it's a nice store in a wealthy area. It's big, clean, has nice things, but customer service and helpful employees just aren't available. It's expensive. Additionally, it smells of chemicals and I can't stay in the store long. I am sorry to see so many retail stores close because I hate online shopping. In some areas, it has become too dangerous to shop because of ferals.
4 people like this.

Reply 5 - Posted by: Annie Xango 7/12/2019 2:09:28 AM (No. 121232)
well, drat..I hope my neighborhood BBB doesn't close. great selection, good prices and fantastic customer service..above and beyond..
3 people like this.

Reply 6 - Posted by: ROLFNader 7/12/2019 7:45:39 AM (No. 121330)
I will miss Bed, Bath and Beyonce'.
2 people like this.

Reply 7 - Posted by: Bur Oak 7/12/2019 8:21:39 AM (No. 121343)
BB&B as is Victoria's Secret is owned by L Brands headed by a fellow named Les Wexner who has been buddies with Jeffrey Epstein.
3 people like this.

Reply 8 - Posted by: Laotzu 7/12/2019 8:57:39 AM (No. 121374)
Hadn't been in a long time. Went in last month to find a cheap mattress cover. Nothing under $60. Went to Ikea and got one for about $30. Was also on the hunt for a solid chicken fryer Again, nothing under $60. Got one from TJ Maxx for $30. On my next trip to TJ Maxx, early on a weekend morning, the doors opened but the entire staff seemed huddled about the front of the store. I asked the nearest employee who started walking toward me, "You open?" Response: We're open for a special shopper's event, would you like to sing up?" I turned and walked out. A yes or now would have been sufficient. Opportunistic marketing that wastes my time isn't going to save you from your online competitors.
0 people like this.

Reply 9 - Posted by: earlybird 7/12/2019 10:24:21 AM (No. 121469)
For what they sell, BB&B’s prices are about right and their coupons (we get them in the mail all the time) are excellent. It’s OK to collect them because our local store honor mailed coupons even if they are staledated. Friends order family gifts from BB&B and their relatives in another states can pick up at stores where they live. I have to say something about mattress covers. In today’s world, finding one that will last at only $60 is a bargain. Too many have cotton tops - fine - but elasticized sides made out of what is almost a plastic material. It lasts for maybe a couple years, then comes apart in shreds. No bargain. Earlier this week they took $15 off a $70 electric razor. And $70 was the advertised price of this model elsewhere. A good deal. Their return policy is very good as well. A shame if they go under.
3 people like this.

Reply 10 - Posted by: poliposter 7/12/2019 10:26:42 AM (No. 121473)
I have not noticed the high prices that many describe here, but they are very generous with their 20% off coupons that you can sign up for online, or they come in the mail. They have a lot of hard to find items. But their stores are big and their inventory is expensive, I'd imagine. I do not like discount stores like TJ Maxx who never seem to have what I am looking for. I don't have time for that kind of shopping.
1 person likes this.

Reply 11 - Posted by: poliposter 7/12/2019 10:30:08 AM (No. 121478)
#7 you are confusing Bed, Bath & Beyond with Bath and Bodyworks. Bed, Bath & Beyond was started right here in NJ and although they went public, the same two families were in control of the company until this year (they have stepped down due to charges of nepotism).
0 people like this.

Reply 12 - Posted by: Gordon Mills 7/12/2019 10:42:00 AM (No. 121489)
I quit shopping there when they dumped the Trump.
0 people like this.

Reply 13 - Posted by: poliposter 7/12/2019 3:41:09 PM (No. 121797)
Apparently, #12, the rumor was false. Bed, Bath & Beyond did not dump Trump. In all honesty, Ivanka's apparel items were kind of gaudy and over priced. Perhaps her home accessories were better. https://www.usatoday.com/story/money/business/2017/04/02/bed-bath-and-beyond-says-still-carries-trump-products/99951268/
1 person likes this.

Reply 14 - Posted by: TLCary 7/12/2019 6:45:43 PM (No. 121880)
#7 Epstein’s #1 client’s #1 profit center. Q: where did Jeff the pervert get his millions? A: BB&B
0 people like this.

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