5:29 PM · 14 April 2021

Bed Bath & Beyond stock tumbles 9% after mixed quarterly results

Bed Bath & Beyond (BBBY.US) stock plunged more than 9.0% after the company reported mixed quarterly figures.  During the Q4 period the retailer earned an adjusted 40 cents per share well above analysts’ expectations of 31 cents per share. However revenue of $ 2.62 billion came in slightly below market projections of $ 2.63 billion as net sales during the fourth quarter fell about 16%. Company said that ongoing store closures and divestments negatively affected its quarterly results. Bed Bath & Beyond reaffirmed its fiscal 2021 sales outlook that it gave back in January, which calls for sales to be within a range of $8 billion and $8.2 billion which comes in line with analysts’ expectations of $8.18 billion.

Bed Bath & Beyond (BBBY.US) stock launched today's session with a massive bearish price gap, however sellers failed to uphold momentum and price bounced off the support at $24.07. The nearest major resistance zone lies near the lower limit of the triangle formation. Source: xStation5

-------------------------------------------------------------------------

Watch this video to learn how to diversify your portfolio

 

22 September 2026, 6:40 PM

Daily Summary: Trump’s UN Speech Puts Iran, Hormuz and AI in the Spotlight

22 September 2026, 6:13 PM

AWS Gets NATO Approval. Opening the Door to More Defense Contracts

22 September 2026, 4:31 PM

AMD Surpasses One Trillion Dollars in Market Capitalization. Now Wall Street Is Raising the Bar

22 September 2026, 2:58 PM

US OPEN: Tech is looking for a reason to grow, diplomacy in the background

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits