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...
Changing Home Fuels Restoration Hardware in Q2

Changing Home Fuels Restoration Hardware in Q2

Despite a marketplace still feeling the effects of the COVID-19 pandemic, Restoration Hardware continued to recover and move ahead in the second quarter. Net income was $226.7 million, or $7.09 per diluted share, versus $98.4 million, or $3.71 per diluted share, in...

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