Bed Bath & Beyond (BBBY) Tops Q3 EPS by 7c, Comps Decline 0.3%

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Go back to Bed Bath & Beyond (BBBY) Tops Q3 EPS by 7c, Comps Decline 0.3%

Bed Bath & Beyond Inc. Reports Results For Fiscal 2017 Third Quarter

December 20, 2017 4:15 PM EST

UNION, N.J., Dec. 20, 2017 /PRNewswire/ -- Bed Bath & Beyond Inc. (NASDAQ: BBBY) today reported financial results for the third quarter of fiscal 2017 ended November 25, 2017.

Third Quarter Results

For the fiscal 2017 third quarter, the Company reported net earnings of $.44 per diluted share ($61.3 million) compared with $.85 per diluted share ($126.4 million) for the fiscal 2016 third quarter.  Net sales for the fiscal 2017 third quarter were approximately $3.0 billion, relatively flat to the prior year quarter.  Comparable sales in the fiscal 2017 third quarter decreased by approximately 0.3%.  Comparable sales from customer-facing digital channels continued to have... More