Bed Bath & Beyond Is Down, but Not Out
Bed Bath & Beyond (NASDAQ: BBBY) stock has been in a downward spiral for the last several years, with the stock down about 75% over the past decade. Investors have all but written off the once-prominent retailer of home goods, and for good reason.
Slowing revenue growth has been attributed to the strength of competing retailers like Target, and particularly online retailers Wayfair and Amazon. It is, no doubt, a difficult business to be in. Home goods can be bought online for less, and you don't even have to leave the comfort of your living room. But it's not time to abandon ship. Although the odds are stacked against it, Bed Bath & Beyond still has levers to pull.
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Source Fool.com


