|Bid||122.50 x 0|
|Ask||127.99 x 0|
|Day's Range||122.50 - 128.80|
|52 Week Range||90.00 - 601.24|
|Beta (5Y Monthly)||1.57|
|PE Ratio (TTM)||N/A|
|Earnings Date||Sept 29, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar 12, 2020|
|1y Target Est||N/A|
Retailers are gearing up for the impending holiday shopping season, and according to one analyst, Walmart is the one most likely to dominate.
Shares of Bed Bath & Beyond (NASDAQ: BBBY) were pulling back today after the struggling home furnishings retailer issued a disappointing second-quarter earnings report. Bed Bath & Beyond continued to see sales erode in the quarter as comparable sales fell 26% and revenue dove 28% to $1.44 billion, missing analyst estimates at $1.47 billion. Adjusted gross margin was down sharply from 34% to 27.7% as the company has been aggressive in marking down merchandise due in part to higher-than-normal inventory levels.