Bed Bath & Beyond Stock Soars After Q1 Report: Here’s Why

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Bed Bath & Beyond, Inc. (NYSE:BBBY) stock soared after the company reported first-quarter results after Monday’s closing bell, beating analyst revenue estimates. 

Here’s a look at the details inside the report. 

BBBY Q1 Details       

Bed Bath & Beyond reported quarterly adjusted losses of 25 cents per share, which met analyst estimates, according to Benzinga Pro data. 

Quarterly revenue came in with sales at $247.76 million, which beat the $240.09 million Street estimate.

“Notably this was the first quarter of significant revenue growth …

Full story available on Benzinga.com

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