Is Bed Bath & Beyond Stock A Buy?

Is Bed Bath & Beyond Stock A Buy?

Bed Bath & Beyond released its Q2 report, wherein revenues came in 4% below our estimates, and earnings per share came in negative as compared to our expectations of 52 cents. The company’s revenues declined a large 26% year-over-year (y-o-y) to $2 billion, missing the company’s guidance range of…