Why Bed Bath & Beyond Stock Was Slipping Today
Shares of Bed Bath & Beyond (NASDAQ: BBBY) were pulling back today after the struggling home furnishings retailer issued a disappointing second-quarter earnings report.
As of 12:04 p.m. ET, the stock was down 4.5%.
Bed Bath & Beyond continued to see sales erode in the quarter as comparable sales fell 26% and revenue dove 28% to $1.44 billion, missing analyst estimates at $1.47 billion.
Source Fool.com
