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Is Bed Bath & Beyond Worth Only $2 Per Share? Here's What 3 Analysts Are Saying
Thursday, June 30, 2022 - 3:19pm | 584Retailer Bed Bath & Beyond Inc. (NASDAQ: BBBY) reported first-quarter earnings and the departure of its CEO Mark Tritton on Wednesday. The departure prompted a snarky response from Ryan Cohen, who is a large shareholder in the company. Here’s what analysts had to say about the...
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Ryan Cohen Throws Shade Following Mark Tritton's Bed Bath & Beyond Dismissal: 'I'm Sick Of Seeing Failed Executives'
Wednesday, June 29, 2022 - 3:01pm | 609Mark Tritton is no longer CEO of Bed Bath & Beyond Inc (NASDAQ: BBBY) — and Ryan Cohen might be one reason why. On March 6, 2022, GameStop Corp (NYSE: GME) Chairman Cohen sent a scathing four-page letter to the board at Bed Bath & Beyond while disclosing he was a top-five...
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Why Bed Bath & Beyond Shares Are Trading Higher Today
Thursday, January 6, 2022 - 11:01am | 314Bed Bath & Beyond Inc (NASDAQ: BBBY) is trading higher Thursday morning after the company announced its fiscal third-quarter 2021 financial results and issued guidance. Bed Bath & Beyond reported a quarterly earnings loss of 25 cents per share, which was down from earnings of 8 cents per...
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Bed Bath & Beyond CEO Says Retailer Positioning 'For Growth And Authority'
Wednesday, November 3, 2021 - 11:38am | 503Bed Bath & Beyond Inc (NASDAQ: BBBY) shares are soaring Wednesday after the company released a series of announcements. What Happened: Bed Bath & Beyond announced a strategic collaboration with The Kroger Co (NYSE: KR) to directly offer Kroger customers a selection of goods...
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Why AMC Entertainment Shares Are Rising Today
Wednesday, November 3, 2021 - 9:05am | 454AMC Entertainment Holdings Inc (NYSE: AMC) is trading higher Wednesday in sympathy with Bed Bath & Beyond Inc (NASDAQ: BBBY) and other popular Wall Street Bets stocks following announcements from Bed Bath & Beyond. Bed Bath & Beyond announced a strategic collaboration with The...
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Bed Bath & Beyond Surges 80% On Kroger Deal, Digital Shift And $1B Buyback
Tuesday, November 2, 2021 - 5:13pm | 669Bed Bath & Beyond (NASDAQ: BBBY) surged nearly 80% in Tuesday's after-hours trading session on the heels of three new announcements from the company outlining strategic plans to help with its turnaround. Here are the details traders and investors should know. Share Buyback:...
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Why Bed Bath & Beyond Shares Are Diving Today
Thursday, September 30, 2021 - 9:49am | 242Bed Bath & Beyond Inc (NASDAQ: BBBY) is trading significantly lower after the company announced worse-than-expected second-quarter fiscal 2021 financial results and issued guidance below estimates. Bed Bath & Beyond reported quarterly earnings of 4 cents per share, which was down from...
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What's Up With Bed Bath & Beyond Today?
Wednesday, June 2, 2021 - 11:32am | 347Bed Bath & Beyond Inc (NASDAQ: BBBY) is trading higher Wednesday after the company announced the launch of three new brands. What Happened: The company announced that it will launch its Our Table, Wild Sage and Squared Away brands over the next two months. Our Table will feature a new line of...
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What's Behind Bed Bath & Beyond CEO's Private Label Strategy?
Thursday, March 4, 2021 - 4:48pm | 380Home goods retailer Bed Bath & Beyond Inc. (NASDAQ: BBBY) announced Wednesday the launch of at least eight company-owned brands in reaction to a major "migration" among consumers towards private labels across the entire retail industry, Bed Bath & Beyond CEO Mark Tritton said on...
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Jim Cramer Loves Bed Bath & Beyond's Asset Sale, Praises CEO Tritton
Wednesday, October 14, 2020 - 10:31am | 359In his daily “Stop Trading” segment on CNBC, Jim Cramer took a look at Bed Bath & Beyond (NASDAQ: BBBY). The Transaction: On Tuesday, Bed Bath & Beyond announced plans to sell its Christmas tree store business of 80 stores, its linen business and a distribution center. The three...
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Bed Bath & Beyond Rallies As CEO Shares Turnaround Plans: 'We Are Making Substantial Moves'
Wednesday, February 19, 2020 - 11:02am | 452Shares of struggling retailer Bed Bath & Beyond Inc. (NASDAQ: BBBY) traded higher Wednesday morning after CEO Mark Tritton unveiled a turnaround plan. Simplifying Bed Bath & Beyond Tritton, who is barely 100 days into the job, told The Wall Street Journal in an interview that decluttering...
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Bed Bath & Beyond Hope: Can The Struggling Retailer Turn It Around Soon?
Thursday, January 9, 2020 - 2:00pm | 645Bed Bath & Beyond Inc. (NASDAQ: BBBY) shares continued to free fall on Thursday after a dismal third-quarter report. The results split sell-side analysts, with some convinced a new CEO will get the housewares chain turned around, but others warning they're still waiting for signs the...
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Bed Bath & Beyond Investors Cheer Tritton's C-Suite Shakeup
Tuesday, December 17, 2019 - 2:05pm | 382Struggling retailer Bed Bath & Beyond Inc. (NASDAQ: BBBY) confirmed Tuesday it's parting ways with five executives. What Happened At Bed Bath & Beyond Bed Bath & Beyond CEO Mark Tritton has been on the job for just over a month and said Tuesday five high-level executives will leave...
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Market Loves Bed Bath & Beyond CEO Hire, But Analysts Warn Turnaround Is A Tough Job
Thursday, October 10, 2019 - 11:17am | 674Bed Bath & Beyond Inc. (NASDAQ: BBBY) shares surged 25% Thursday after announcing it has hired Mark Tritton as its new CEO, stealing him from Target Corporation (NYSE: TGT). The move also drew praise from Wall Street analysts who said Tritton is a good fit for the housewares chain as it tries...