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Bed, Bath & Beyond: Only Time Will Tell

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BBBY (Bed, Bath and Beyond Inc., $20.78) is a large retail company that provides an “omnichannel shopping experience”. They seek to provide a more inspirational, personal shopping experience through life changing events- engagement,marriage, holidays, first home, etc.

Though the company is operating 1,552 stores, they plan to close down 40 stores this year. And even though shareholders aren’t satisfied with their financial management, BBBY announced a dividend increase to $0.16.

(Screenshot from NASDAQ)

Investors have very high expectations for BBBY. Swing traders see positive short-term goals but many investors wonder if the company can last another 10 years. Only time will tell.

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Information Attained:

SEC.gov, NASDAQ.com

Categories: Blogs, Stock Talk

4 replies »

  1. The BBBY nearest my home closed last year, and to be honest I’m surprised they are still hanging on, especially in the post-Amazon market. They are outpriced on almost everything. Only time will tell.

    • I certainly agree with you. They company says they are trying to negotiate their leases with the landlords, but buy reading the companies financial statements I’d be surprised if they held on to them. Downsizing will help them.

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