Bed Bath & Beyond Inc. shares fell more than 5% in late trading Wednesday after the retail chain announced earnings and a forecast that came in lower than expectations. The company said it had net income of $126.4 million, or 85 cents a share, on sales of $2.96 billion in its fiscal third quarter, reflecting a stark decline in profit from $1.09 a share in the same period a year before.
Category: Beyond Corp
These 2 Stocks Are Undeniably Cheap
With the major indexes near all-time highs and with valuations well above the historical average, cheap stocks are like needles in a haystack. Finding compelling value is much harder today than it was a few years ago, and the post-election rally hasn’t helped.