Bed Bath & Beyond Appoints Sue Gove As New President And CEO

RTTNews | 865 days ago
Bed Bath & Beyond Appoints Sue Gove As New President And CEO

(RTTNews) - Bed Bath & Beyond, Inc. (BBBY) announced Wednesday the appointment of Sue Gove as President & Chief Executive Officer. Gove has served as Interim CEO since June 2022.

The appointment was unanimously approved by Bed Bath & Beyond Inc.'s Board of Directors. Gove will continue to serve on the Company's Board.

Under Gove's leadership, the Company will continue to execute its strategic plan, announced on August 31, 2022, with a priority on strengthening its financial positioning, increasing customer engagement, driving traffic, and recapturing market share.

read more
Bed Bath & Beyond Files For Bankruptcy Protection

Bed Bath & Beyond Files For Bankruptcy Protection

Bed Bath & Beyond filed for Chapter 11 bankruptcy protection in New Jersey, but the beleaguered home improvement retailer said its stores and websites will remain open and continue serving customers.
RTTNews | 686 days ago
Bed Bath & Beyond Maintains FY22 Outlook - Update

Bed Bath & Beyond Maintains FY22 Outlook - Update

While reporting financial results for the second quarter on Thursday, beleaguered home improvement retailer Bed Bath & Beyond, Inc. (BBBY) maintained its comparable sales guidance for the full-year 2022.
RTTNews | 892 days ago
Bed Bath & Beyond Q1 Results Miss Estimates

Bed Bath & Beyond Q1 Results Miss Estimates

Home improvement retailer Bed Bath & Beyond, Inc. (BBBY) reported on Wednesday a net loss for first quarter that sharply widened from last year, hurt by hefty transient costs related to inventory markdown reserves and port-related supply chain fees. Both adjusted loss per share and net sales missed analysts' expectations.
RTTNews | 984 days ago
U.S. Dollar Slides Amid U.S. Fed Rate Cut Prospects

U.S. Dollar Slides Amid U.S. Fed Rate Cut Prospects

The U.S. dollar weakened against other major currencies in the Asian session on Monday amid prospects of the U.S. Fed cutting interest rates earlier after a report showed employment in the U.S. increased by slightly less than expected in the month of February. However, concerns remain that the U.S. trade war may hurt global growth and worsen inflation.
RTTNews | 4h 39min ago
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, amid prospects of the US Fed cutting interest rates earlier after a report showed employment in the U.S. increased by slightly less than expected in the month of February. However, concerns remain that the U.S. trade war may hurt global growth and worsen inflation.
RTTNews | 6h 2min ago