Bed Bath & Beyond Stock To Fall After Climbing 200% ? [Forbes]
Bed Bath & Beyond Inc. (BBBY)
Last bed bath & beyond inc. earnings: 4/15 04:15 pm
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Source: Forbes
A general view of a 'Bed Bath & Beyond' logo seen in South Edmonton Common. a retail power... [+]centre located in Edmonton, Alberta. The flagship shopping complex is spread over 320 acres and contains more than 2.3 million square feet of dining, shopping and entertainment space, making it one of the largest open-air retail developments in North America. On Tuesday, 12 July 2016, in Edmonton, Alberta , Canada. (Photo by Artur Widak/NurPhoto via Getty Images)Bed Bath & Beyond stock(NASDAQ: BBBY)The specialty retailer was struggling even before the coronavirus - with sales falling 7% in 2019. To add to that, the company already continues to face brutal competition from low-margin online pure-play retailers such as Wayfair and HomeGoods. As BBBY’s sales shift toward digital business, the company continues to see margin pressures due to the increased digital fulfillment costs. It should be emphasized that cost cuts and improvement in product assortments and pricing can only partially offs
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