Bed Bath & Beyond Stumbles in Q2

Bed Bath & Beyond Stumbles in Q2

Bed Bath & Beyond showed a loss in the second quarter as COVID-19 and marketing missteps hurt it as well as supply chain and cost issues. The company posted a net loss of $73.2 million, or 72 cents per diluted share, versus net income of $217.9 million, or $1.75...
Rite Aid Q2 Loss Increases

Rite Aid Q2 Loss Increases

Net loss increased at Rite Aid, but it still managed to beat a Wall Street estimate for second-quarter results. For the quarter, Rite Aid reported a company net loss from continuing operations of $100.3 million, or $1.86 per share, versus $13.2 million, or 25 cents...
Home Helps Big Lots Overcome in Q2

Home Helps Big Lots Overcome in Q2

Big Lots lapped a big one-time benefit in a slightly disappointing second quarter, but the retailer still demonstrated that it’s a growing concern, particularly in home-related merchandise. The company posted net income of $37.7 million, or $1.09 per diluted share,...

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