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...
Q2 Demonstrates Growth Still Driving Five Below

Q2 Demonstrates Growth Still Driving Five Below

For the second quarter, Five Below posted significant sales and earnings gains versus the period in 2020 and 2019 but, although net income exceeded expectations, revenues came in just short of a Wall Street estimate. Net income was $64.8 million, or $1.15 per diluted...

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