Bed Bath & Beyond Shares Up 5% Despite Expected Q3 Miss
<p><a href='https://financialmodelingprep.com/financial-summary/BBBY'>Bed Bath & Beyond Inc. (NASDAQ:BBBY) </a>shares were trading around 5% higher Monday morning, despite the analysts expecting the company to post a Q3 miss on Jan 6.</p>
<p>Analysts at Wedbush provided their views on the company ahead of the quarterly results, stating they see limited drivers of upside on the print, anticipating a miss on both revenues and EPS.</p>
<p>The analysts believe that the number of negatives with signs of additional market share losses, will probably not be offset by growth opportunities in Baby items and marketplaces as well as more aggressive share repurchases potential.</p>
<p>While the company’s merchandising transformation has the potential to drive stronger unit sales at higher margins, the analysts are cautious, as they have seen limited signs of this paying off in 2021.</p>

NASDAQ:BBBY