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Bed Bath & Beyond's New Financing Won't Save It

Bed Bath & Beyond's New Financing Won't Save It

Meanwhile, Bed Bath & Beyond locked up $505 million of new debt financing to shore up its liquidity. Three months ago, Bed Bath & Beyond announced that comparable sales fell 23% year over year in the first quarter. Management projected that sales trends would remain similar in the second quarter before improving in the second half of fiscal 2022.