Bed Bath & Beyond Inc on Tuesday reported a quarterly loss of about $393 million after a tough third quarter that it hoped would provide a financial cushion to its months-long cash burn. The company did not say if it would file for bankruptcy after saying last week it was working with outside advisers to … Read more
FilePhoto Bed Bath & Beyond Inc on Tuesday reported a much wider-than-expected quarterly loss and sales that plunged by a third, failing to halt the months-long cash burn that led to warnings of a possible bankruptcy. The home goods seller has been struggling with a dwindling cash pile as vendors have demanded payments more swiftly … Read more
Bed Bath & Beyond Inc on Tuesday reported a quarterly loss of about $393 million after a tough third quarter that it hoped would provide a financial cushion to its months-long cash burn. The company did not say if it would file for bankruptcy after saying last week it was working with outside advisers to … Read more
Scott Pollard Robert Hanashiro USA TODAY Sports The Sacramento Kings faithful will always remember that they were robbed of a championship in 2002. Even former (and disgraced) NBA referee Tim Donaghy said pretty much that Game 6 of the Western Conference Finals duel between the Kings and the Los Angeles Lakers was rigged to ensure … Read more
FilePhoto Bed Bath & Beyond Inc on Tuesday reported a much wider-than-expected quarterly loss and sales that plunged by a third, failing to halt the months-long cash burn that led to warnings of a possible bankruptcy. The home goods seller has been struggling with a dwindling cash pile as vendors have demanded payments more swiftly … Read more
Bed Bath & Beyond posts $393 mln quarterly loss, bankruptcy threat looms https://t.co/PMowWoaZnx pic.twitter.com/IjXEV9NqIx— Reuters (@Reuters) January 10, 2023 (SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. The above post is embeded directly from the user’s social media account and LatestLY Staff … Read more
Bed Bath & Beyond posts $393 mln quarterly loss, bankruptcy threat looms https://t.co/PMowWoaZnx pic.twitter.com/IjXEV9NqIx— Reuters (@Reuters) January 10, 2023 (SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. The above post is embeded directly from the user’s social media account and LatestLY Staff … Read more
Bed Bath & Beyond stock soared on Tuesday despite a downbeat earnings report. The home-goods retailer saw deeper quarterly losses than expected, after warning last week of a potential bankruptcy filing. Bed Bath & Beyond stock soared as much as 65% early Tuesday despite a downbeat fiscal third-quarter earnings report. Shares later pared gains sharply … Read more
By Arriana McLymore and Deborah Mary Sophia (Reuters) – Bed Bath & Beyond Inc on Tuesday reported a third-quarter loss of $393 million after early holiday shopping failed to provide a big shot in the arm and a respite from its months’ long cash burn. The home goods seller’s dismal results come after the company … Read more
Bed Bath & Beyond on Tuesday posted wider quarterly losses than expected as its chief executive acknowledged that the struggling retailer’s turnaround plan had not achieved its goals. Days after the company warned of potential bankruptcy, it painted an even more dire picture of its finances. Bed Bath lost $393 million during the period, it … Read more