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BBBY - Bed Bath & Beyond Inc.

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by bigbear0083, Apr 4, 2016.

  1. bigbear0083

    bigbear0083 Content Manager
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    [​IMG]

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    Bed Bath & Beyond Inc. (BBBY) is an American chain of domestic merchandise retail stores in the United States, Puerto Rico, Canada[3] and Mexico. Formed in 1971, the stores sell goods primarily for the bedroom and bathroom, as well as kitchen and dining room. The company is included in the S&P 500 and Global 1200 Indices and theNASDAQ-100 Index. It is also counted among the Fortune 500 and the Forbes Global 2000 as well.

    Since the liquidation of Linens 'n Things, Bed Bath & Beyond has had few major retail competitors except Walmart, Target, J. C. Penney, and some mid-sized players likePier 1 Imports. Companies such as Crate & Barrel, IKEA and the numerous Williams-Sonoma companies (e.g. Pottery Barn and West Elm) are competitors as well.
     
  2. T0rm3nted

    T0rm3nted Moderator
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    Bed Bath & Beyond surges on earnings, first-ever quarterly dividend

    Shares of Bed Bath & Beyond Inc. BBBY, -4.04% rallied in Wednesday's extended session after the retailer released quarterly earnings and announced its first quarterly dividend. Bed Bath and Beyond reported its fourth-quarter earnings fell to $303.5 million from $321.1 million a year earlier. However, on a per-share basis, earnings rose to $1.91 versus $1.80, bolstered by a favorable state audit settlement. Revenue rose 2.4% to $3.42 billion. Analysts surveyed by FactSet had forecast earnings of $1.80 a share on revenue of $3.39 billion. Same-store sales increased 1.7% in the quarter. The retailer also initiated a quarterly dividend of 12.5 cents a share to be paid to shareholders of record on June 17. Bed Bath & Beyond shares gained 4.4% in after-hours trading.

    LINK - http://www.marketwatch.com/story/be...ings-first-ever-quarterly-dividend-2016-04-06
     
  3. T0rm3nted

    T0rm3nted Moderator
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    Reported after close yesterday (6/22/16)
    Earnings: EPS $0.80 Revenue $2.74B
    Estimates: EPS $0.86 Revenue $2.78B

    Down 3.31% pre-market so far
     
  4. aaa

    aaa Member

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    BBBY gets soaked -7% after earnings || CityFALCON
     
  5. bigbear0083

    bigbear0083 Content Manager
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    bouncing back a bit here today after yesterday's drubbing that brought this name to its lowest print since sept. 2010 on ER
     
  6. fidelgeorge

    fidelgeorge Well-Known Member

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    Housewares retailer Bed Bath & Beyond ($BBBY) may also see early strength after reporting better than expected fourth quarter results and raising its quarterly dividend.
     
  7. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Was just reading about the closure of "Babies R Us", since the whole Toys R Us is in bankruptcy. Story said that Babies R Us had $2B in US sales. The competitors looking to swoop into this void are 1) Buy Buy Baby (part of Bed Bath & Beyond Inc.), 2) Target, and 3) Amazon.

    "Buy Buy Baby — part of Bed Bath & Beyond Inc. — is the closest thing to a direct Babies “R” Us competitor. Wedbush Securities Inc.’s Seth Basham expects that chain to capture 10 percent of the bankrupt company’s baby sales. Among mass retailers, Amazon is set to see the largest market gains in the category."

    BBBY currently trades at a P/E of 6, and do not forget the 2.85% dividend yield. The concern is that current estimates of earnings are on the decline.
     
    T0rm3nted likes this.
  8. StockJock-e

    StockJock-e Brew Master
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    Horror show in here
     
  9. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Have a Bed Bath & Beyond store just about 5 minute walk from my home, but I have never bought anything from there :p
     
  10. StockJock-e

    StockJock-e Brew Master
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    Ouch!

    $14 in a gap lower is a painful move here for longs.
     
  11. StockJock-e

    StockJock-e Brew Master
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    Pre market action here
     
  12. StockJock-e

    StockJock-e Brew Master
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    Well, this was a bit of a surprise!
     
  13. StockJock-e

    StockJock-e Brew Master
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    Bed Bath & Beyond activist investors pushing to replace board, CEO
     
  14. StockJock-e

    StockJock-e Brew Master
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    After a good pop on that news its pulling back now
     
  15. StockJock-e

    StockJock-e Brew Master
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    Climbing back from the gap lower
     

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