Bed, Bath & Beyond Inc.

NASDAQ:BBBY   3:59:52 PM EDT
28.56
-0.18 (-0.63%)
Positive Earnings Pre-Announcement

Bed Bath & Beyond Inc Reports Q1 Results

Published: 06/30/2021 11:58 GMT
Bed, Bath & Beyond Inc. (BBBY) - Sees Q2 Adjusted Earnings per Share $0.48 to $0.55.
Sees FY Adjusted Earnings per Share $1.40 to $1.55.
Q1 Adjusted Earnings per Share $0.05 Excluding Items.
Q1 Loss per Share $0.48.
Sees Q2 Sales $2.04 Billion to $2.08 Billion.
Sees FY Sales $8.2 Billion to $8.4 Billion.
Q1 Sales $1.95 Billion Versus Refinitiv Ibes Estimate of $1.87 Billion.
Q1 Earnings per Share Estimate $0.08 -- Refinitiv Ibes Data (analyst estimates).
Raises Full Fiscal Year 2021 Outlook.
Bed Bath & Beyond - Qtrly Comparable Sales Growth of 86%.
Bed Bath & Beyond - Raising Comparable Sales Expectations for Second Through Fourth Quarters of Fiscal 2021 to the Low-single Digit Growth Range.
Q2 Earnings per Share View $0.52, Revenue View $2.01 Billion -- Refinitiv Ibes Data (analyst estimates).
Bed Bath & Beyond - Quarter-end Cash, Cash Equivalents, Restricted Cash and Investments Balance Were Approximately $1.2 Billion.
FY Earnings per Share View $1.47, Revenue View $8.15 Billion -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $2.06 Billion
Adjusted EPS is expected to be $0.52

Next Quarter Revenue Guidance is expected to be $2.02 Billion
Next Quarter EPS Guidance is expected to be $0.28

More details on our Analysts Page.