Bed Bath & Beyond Says It's Getting Better at Online Fulfillment [The Motley Fool]
Bed Bath & Beyond, Inc. (BBBY)
Last bed bath & beyond, inc. earnings: 4/15 04:15 pm
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Source: The Motley Fool
Investors liked most of what they heard inBed Bath & Beyond(NASDAQ:BBBYLet's take a closer look at the main takeaways management had for shareholders in the company'squarterly conference callImage source: Getty Images.Another tough quarterThe pressures of store traffic trends and heavy promotional activity coupled with inventory management issues around the holiday selling period hampered our efforts to stabilize the business in the fourth quarter. -- CEO Mark TrittonSales trends through early March were weak. Comparable-store sales dropped 6%, which marked a softer result than last quarter's .6% decline. Bed Bath & Beyond stumbled through several challenges, including price cuts by rivals through the holiday season. But the biggest headwind was its failure to keep the appropriate inventory in popular categories such as kitchen electronics. "We just didn't have enough of the right stuff," Tritton explained.Transitioning to e-commerceIf there is a silver lining, I would say that given
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