Bed Bath and Beyond (BBBY) reported its earnings last night and slightly missed Analysts estimates on both earnings per share and revenues but unfortunately guided lower for the next quarter. I picked it up after they missed last quarter, after the stock had fallen from $80 to $60, but am not planning on selling as my firms research ,even with the new lowered updated guidance, still has the company coming in at an incredible bargain and I don't like selling bargains.
At some point (probably very soon) Value Investors should start piling in as the stock is very attractive right now, relative to its free cash flow generation as it has one of the best FROIC (Free Cash Flow Return on Invested Capital) numbers of any retailer . For those with a longer term time horizon, at todays bargain price you could eventually see a 100% upside before the company becomes fully valued, in my opinion. Here is the CNBC video of Bed Bath and Beyond's earnings report from last night.
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