Tag Archives: Bed Bath & Beyond

Retail Scorecard: Small Appliances

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NEW YORK-Macy’s has a huge number of deals this week. It is offering the KitchenAid Artisan 5-Quart Stand Mixer and the KitchenAid Architect 5-Quart Stand Mixer each for $349.99; both qualify for an unspecified rebate. The Keurig 2.0 K350 Brewer is available for $149.99, and the Keurig K45 Single Serve Brewer is being sold forMore »

Last updated: December 15, 2014

Bed Bath Stock Spikes

Bed Bath & Beyond

NEW YORK-Bed Bath & Beyond enjoyed a healthy gain in its stock price in yesterday’s trading on the NASDAQ market. The increase came on the heels of Bed Bath’s second quarter report, which revealed that its second-quarter net income fell by 10.2 percent. In overnight trading, the retailer’s stock price rose from its Sept. 23More »

Last updated: September 25, 2014

Bed Bath Q2 Net Dives 10.2 Percent

Bed Bath & Beyond Net Edges Up 1.8 Percent in Sluggish Q3

UNION, N.J.-Second-quarter net income for Bed Bath & Beyond dropped 10.2 percent to $224 million, as increased costs trumped a modest sales gain. In a conference call yesterday to financial analysts about the quarter, which ended on Aug. 30, Steven Temares, Bed Bath’s CEO, said a major portion of these added expenses involved technology, asMore »

Last updated: September 24, 2014

Balta U.S. Names Papa National Accounts Manager

Balta U.S.

DALTON, Ga.–Industry veteran Chris Papa has joined Balta U.S. as national accounts manager. Papa will be based out of his office in Minnesota. With more than 30 years of experience in home fashions, Papa has worked as senior bath buyer for both J.C. Penney and Target and as divisional merchandise manager for the bath forMore »

Last updated: July 29, 2014

Sourcing in São Paulo: The Brazilian Buyer Project

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By Allison Zisko Over the course of two days in early May, 51 Brazilian housewares manufacturers descended on a hotel conference room in São Paulo, Brazil, lugging suitcases filled with plastic and glass and metal goods, armed with the optimism of traveling salesmen. They set their sights on 12 international buying companies from seven countries,More »

Last updated: July 1, 2014

Bed Bath Q1 Net Down 7.6 Percent on Higher Tech Expenses

Bed Bath & Beyond Net Edges Up 1.8 Percent in Sluggish Q3

UNION, N.J.-Soft sales and the company’s continuing investments in technology initiatives depressed Bed Bath & Beyond’s first-quarter net income by 7.6 percent, to $187.1 million. Net sales in the quarter, which ended on May 31, rose 1.7 percent to $2.7 billion, with a same-store sales pickup of 0.4 percent. In a conference call yesterday toMore »

Last updated: June 26, 2014

Bed Bath Posts Weak Q4, FY Results

Bed Bath & Beyond

UNION, N.J.-A poor fourth quarter ended Bed Bath & Beyond’s fiscal year with shortfalls in the bottom line for both periods. Net income in the quarter dropped 10.9 percent to $333.3 million, bringing net income for the fiscal year ending on March 1 to $1 billion, down 1.5 percent from the previous fiscal year. NetMore »

Last updated: April 10, 2014

Weather Hurts Bed Bath’s Q4

Bed Bath & Beyond Net Edges Up 1.8 Percent in Sluggish Q3

UNION, N.J.-Bed Bath & Beyond joined the list of major retailers that have reported adverse impacts from the severe weather throughout the nation over the past few months. The specialty retailer said same-store sales for its fourth quarter, which ended on March 1, were up 1.7 percent—below the 2 to 4 percent gain it hadMore »

Last updated: March 10, 2014