Bed Bath & Beyond Says Working Expeditiously To Strengthening Balance Sheet

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 | 627 ngày trước

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

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.

RTTNews | 806 ngày trước

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 | 833 ngày trước

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 | 925 ngày trước

Pound Slides As U.K. Borrowing Costs Soar

The British pound weakened against other major currencies in the European session on Thursday, on worries about the rising borrowing costs in the U.K. and the stagflation threat.

RTTNews | 5h 52phút trước

FTSE 100 Moderately Higher As Mining Stocks Move Up

The U.K. market is up in positive territory Thursday morning, led by gains in the mining sector, even as stocks from the retail sector are reeling under selling pressure, despite several big name retailers reporting a surge in sales. A weak pound is contributing significantly to market's upmove.

RTTNews | 6h 36phút trước

Eurozone Retail Sales Rise Less Than Forecast

Driven by food and auto fuel turnover, Eurozone retail sales registered a marginal growth, which was weaker than expected in November, reflecting subdued household consumption towards the end of 2024. Retail sales grew 0.1 percent on month in November after easing 0.3 percent in October, data from Eurostat showed Thursday. Sales were expected to climb 0.3 percent.

RTTNews | 6h 52phút trước

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Thursday.

RTTNews | 7h 2phút trước

EURUSD	1.03011	GBPUSD	1.22775	AUDUSD	0.61973
USDJPY	157.748	USDCAD	1.4394	USDCHF	0.912