Bed Bath & Beyond Misses Big in Q3

Home goods retailer Bed Bath & Beyond (NASDAQ: BBBY) reported another quarter of disappointing results earlier this week, and its stock plunged nearly 10% as a result. Although the retailer is positioning itself to be more digitally savvy after years of neglecting online and mobile, and sales through those customer-facing channels grew 20% for the third quarter, that gain wasn’t nearly enough to offset the declines it’s still experiencing in its brick-and-mortar locations. …read more

Read more here: Bed Bath & Beyond Misses Big in Q3

Category: BBBY

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