Tuesday, January 1, 2013

Judge Refuses to Block Bed Bath & Beyond's Cost Plus Bid, as Plaintiffs ...

Shares of home goods retailer Bed Bath & Beyond (BBBY) had declined from a June 2012 high of $75.84 to a tad above $60 just before last week's earnings release. Fiscal Q3 (ended Nov. 24th) came in at $1.03 versus $0.95After the close on Wednesday, Bed Bath & Beyond reported fiscal Q3 earnings of $1.03 per share. The Street had been expecting $1.02 per share. These results were pretty good: sales rose 15.3% to $2.702 billion. The key metric to watch for withAfter the close on Wednesday, Bed Bath & Beyond reported fiscal Q3 earnings of $1.03 per share. The Street had been expecting $1.02 per share. These results were pretty good: sales rose 15.3% to $2.702 billion. The key metric to watch for withBed Bath & Beyond is scheduled to report its third-quarter 2012 financial results following the close of trade on Dec 19, 2012.Bed Bath & Beyond is scheduled to report its third-quarter 2012 financial results following the close of trade on Dec 19, 2012.
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