Bed Bath & Beyond Shares Fall On Lower-Than-Expected Q4 Revenues & Weak Margins |
| April 10, 2015 | April 2015 Bond Updates |
|
Bed Bath & Beyond's shares fell by close to 3% in after-hours trading after its Q4 fiscal 2014 revenues missed consensus estimates. The company reported a 4.2% increase in revenues to $3.33 billion, while the consensus estimate was $3.37 billion. Bed Bath & Beyond's comparable sales grew by approximately 3.7%, missing its own guidance of 4-5% growth. For the full year, revenue growth was 3.3%. This was in line with the reduced revenue guidance the company issued at the end of fiscal Q3 2014. |
| View more at: http://www.forbes.com/sites/greatspeculations/2015/04/09/bed-bath-beyond-shares-fall-on-lower-than-expected-q4-revenues-weak-margins/ |
| Related News |
|