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...
Burlington Q2 Gains Come Across the Board

Burlington Q2 Gains Come Across the Board

For the second quarter, Burlington Stores beat Wall Street estimates based on strength across merchandising categories and sales regions. Burlington posted a net income of $102.6 million, or $1.50 a diluted share, for the second quarter versus a loss of $46.8 million,...

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