|Bid||0.0000 x N/A|
|Ask||0.0000 x N/A|
|Day's range||0.2549 - 0.3238|
|52-week range||0.2549 - 0.3238|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Yahoo Finance Live anchor Dave Briggs highlights the economic data and company earnings report to watch out for next week.
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.
Struggling home goods retailer Bed Bath & Beyond Inc is taking an axe to stores and jobs and overhauling its merchandising strategy, but its return to profitability anytime soon may hinge on luring U.S. shoppers who currently spend $18.2 billion a year on baby goods. The company's buybuy Baby unit is the largest specialty baby-product retailer in the U.S., according to GlobalData. Holding onto buybuy Baby -- which Bed Bath & Beyond had put up for sale under shareholder pressure before reversing course in August -- helped the parent company obtain its recent $375 million loan, the maximum amount it could borrow, a person familiar with the matter said.
Bed Bath & Beyond (BBBY) closed the most recent trading day at $8.79, moving +0.34% from the previous trading session.
Bed Bath & Beyond remains a company in turmoil.
Yahoo Finance's Brian Sozzi discusses reports that Sue Gove will remain the interim CEO of Bed Bath & Beyond as the struggling retailer seaches for a new top executive.
In a stock market like we've been going through this year, everyone is having a tough time, whether you've got just a few dollars in the game or billions, like Wall Street professionals. Arguably, the billionaires running hedge funds are having an even more difficult time than the small retail investor. While their first-half performance beat the S&P 500, according to BarclayHedge, an institutional-investor services division of Backstop Solutions, hedge funds are now suffering sustained redemptions by investors.
Yahoo Finance's Jared Blikre breaks down how stocks and sectors are performing after Tuesday's stock market rout.
Bed Bath & Beyond Inc's interim CEO Sue Gove will likely lead the financially struggling retailer for at least 12 months, a source familiar with the matter said, as the chain looks to bolster its business after seeing sales plummet. Bed Bath & Beyond appointed Gove, who is on its board of directors and is a retail consultant, as its interim CEO in June. Her appointment came after the firing of CEO Mark Tritton, following a sales slump and an unsuccessful move into private-label products.
It stopped disclosing its full-year comps in fiscal 2020 and 2021 due to the pandemic, but its net sales still fell sharply in both years. As its sales growth stalls out, its inventory levels are rising. During that same period, net sales fell 25% year over year to $1.46 billion.
Investors should always be wary of businesses that are low on cash. A couple of risky stocks that don't have much cash on their books today include Bluebird Bio (NASDAQ: BLUE) and Bed Bath & Beyond (NASDAQ: BBBY). In August, shares of Bluebird Bio popped as the Food and Drug Administration approved Zynteglo to treat people with beta-thalassemia who require ongoing blood transfusions.
What to watch in markets on Monday, September 12, 2022.
Yahoo Finance Live anchors discuss meme stocks and how they are performing amid a meme-fueled week.
Interactive Brokers Chief Strategist Steve Sosnick joins Yahoo Finance Live to discuss Fed rate hikes, trends in the markets, and what's fueling meme stocks.
(Bloomberg) -- GameStop Corp. shares were up on Thursday after the video game retailer announced a partnership with cryptocurrency exchange FTX US, suggesting the company is making strides in its strategy shift to nonfungible tokens. But analysts were still skeptical about the longterm growth prospects after the company reported a decline in sales and a wider loss in the second quarter. Most Read from BloombergUS Inflation Tops Forecasts, Cementing Odds of Big Fed HikeUgly Selloff Pushes Stocks
Bed Bath & Beyond remains a retailer with an unknown future. Goldman Sachs retail analyst Kate McShane shares her perspective.
Recently, Zacks.com users have been paying close attention to Bed Bath & Beyond (BBBY). This makes it worthwhile to examine what the stock has in store.
Washington Post Contributor Allan Sloan joins Yahoo Finance Live to discuss the next chapter for Bed Bath & Beyond as the retailer faces a series of setbacks.
Bed Bath & Beyond stock could have much further to fall, warns Goldman Sachs.
By Yasin Ebrahim
Yahoo Finance's Akiko Fujita discusses news that Bed Bath & Beyond CFO Gustavo Arnal has died just days after the company announced store closures and a turnaround plan.
Yahoo Finance Live’s Brian Sozzi breaks down the stat of the day on Google search interest in Bed Bath & Beyond.