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Bed Bath & Beyond posts its best quarterly sales since Q4 2016

Bed Bath & Beyond posts its best quarterly sales since Q4 2016

Bed Bath & Beyond reported its best quarterly sales in nearly four years, on back demand arising from consumers sprucing up their homes. The increased stood 6% in comparable sales in Q2 ended Aug. 29. This caused its shares to jump over 16% in pre-market trading on Wall Street. This increase is its first since the Q4 quarter of 2016. Analysts had expected it to report a decline of 2.1% in sales.

Milan
Milan
Top in Business