Bed Bath & Beyond Strips Down to Its Essentials -- Is Now the Time to Buy?
Bed Bath & Beyond (NASDAQ: BBBY) is looking fit and trim these days. With the recent sale of Cost Plus World Market, the home decor retailer shed yet another non-core asset, along with a distribution center in New Jersey.
What's left is a tightly focused business zeroing in on home, baby, and health and wellness, showing CEO Mark Tritton has proven adept at getting the retailer to prioritize what's necessary to survive.
But while Bed Bath & Beyond's stock has nearly doubled over the past six months, the home goods retailer still faces significant headwinds, and further gains are far from certain.
Source Fool.com
