Tag: Bed Bath & Beyond management
Bed Bath & Beyond Announces Possible Closure If Losses Persist
In a statement published on Thursday, Bed Bath & Beyond announced that bankruptcy could be an option should the company continue to experience its ongoing financial struggles. The retailer's shares were down 17% following the statement's release.
"The Company continues to consider all strategic alternatives...
Bed Bath & Beyond Plummets Before Investor Presentation Following Press Release
Bed Bath & Beyond's stock tanked by more than 24% during pre-market trading on Wednesday following an SEC Filing and a press release during which the company outlined its plan to manage the losses from its rapid decline in sales.
Initially, positive news was expected...
Bed Bath & Beyond Extends Rally Following Strategic Update
Bed Bath & Beyond is set to extend its rally on Tuesday, with the stock climbing by 9.2% in pre-market trading. In total, the stock has surged by 30% over the last two trading sessions.
This uptick comes as the struggling retail company seems set...
Bed Bath & Beyond Plunges More Than 19 Percent After CEO Change
Troubling sales in the last quarter have prompted retailer Bed Bath & Beyond to make a change at the CEO position. The company announced on Wednesday that Mark Tritton would leave his position as CEO and seat on the board, with board member Sue...