![]() The company pinned the blame on shortfalls in traffic late in the quarter (see Delta variant and circular issues) and stubborn transportation inflation. $156.2 million expectedīed Bath & Beyond missed analysts' sales and profit forecasts for its second fiscal quarter. Alumiluxe Rust-Proof Toilet Paper Reserve Holder with Lid. ![]() $2.06 billion expectedĪdjusted EBITDA: $85 million vs. Moen® Arlys Wall Mount Toilet Paper Holder in Brushed Nickel. contact paper Bed Bath & Beyond' contact paper' Product List. Here were the main results from Bed Bath & Beyond's fiscal second quarter, compared to analysts' estimates: ![]() So, we are on track for our overall transformation goals," explained Tritton. 16 from Walmart (6 ounces) 11 from Bed Bath & Beyond (6 ounces) At the. This is the pothole in the road, and so we have to manage the goodness now of our green shoots and continue to share that with the Street and the media. Get Phone Numbers, Address, Reviews, Photos, Maps for WAL Mart Store 1789 near. All those things are moving, absolutely beyond our expectations. We've been really good about store models. The strategic tools are working incredibly well, whether it's our owned brand, the reformation of supply chain momentum, all the work we've been doing with assortment, pricing and promotions. "From a strategic point of view and a tactical point of view we are unchanged from our strategy, we have the team, we have the talent, we have the strategy. Shares of Bed Bath & Beyond fell 21% on Thursday as the retailer's results surprised Wall Street across the board.īed Bath & Beyond CEO Mark Tritton didn't shy away from the challenges seen in the quarter in a phone interview with Yahoo Finance, and reiterated that his company's transformation remains on track. The triple whammy of the Delta variant in Texas, Florida, California (which hurt store traffic), supply chain inflation and a decision to pull back on paper circulars weighed heavily on the retailer's most recent quarter. Bed Bath & Beyond ( BBBY) has hit its first speed-bump in a turnaround that had been going very well.
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