Bed Bath and Beyond (NASDAQ:BBBY)
Historical Stock Chart
2 Months : From Sep 2019 to Nov 2019
By Micah Maidenberg
Bed Bath & Beyond Inc. (BBBY) narrowed its sales guidance for its current fiscal year.
The struggling retailer said Wednesday it now expects sales of about $11.4 billion for its 2019 fiscal year. Previously, it forecast up to $11.7 billion in sales, and no less than $11.4 billion.
The company also lowered the top end of its earnings estimate for the year, forecasting annual earnings of $2.08 and $2.13 a share, compared to $2.11 to $2.20 s share earlier.
Write to Micah Maidenberg at email@example.com
(END) Dow Jones Newswires
October 02, 2019 17:01 ET (21:01 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.