Bed Bath & Beyond (BBBY) reported earnings on Wed 20 Dec 2017 (a/h)

** charts before earnings **

 

** charts after earnings **

Bed Bath & Beyond beats by $0.07, beats on revs; reaffirms FY18 EPS guidance 

• Reports Q3 (Nov) earnings of $0.44 per share, $0.07 better than the Capital IQ Consensus of $0.37; revenues fell 1.4% year/year to $2.95 bln vs the $2.9 bln Capital IQ Consensus.
  
  • Comparable sales in the fiscal 2017 third quarter decreased by approximately 0.3%. Comparable sales from customer-facing digital channels continued to have strong growth while comparable sales from stores declined in the low-single-digit percentage range during the fiscal 2017 third quarter.
• Co reaffirms guidance for FY18, sees EPS of about $3.00 vs. $3.12 Capital IQ Consensus Estimate.