Bed Bath & Beyond, Inc. (BBBY)

Consumer Discretionary – Specialty Retail

Bed Bath & Beyond, Inc. is set to report its FQ1’18 earnings tomorrow, June 27, after the market closes. Estimize projects an EPS $0.37, whereas Wall Street predicts an EPS of $0.32. Based on the EPS projection provided by Estimize, Bed Bath & Beyond would see a -45% year-over-year growth rate. The Estimize consensus predicts BBBY’s revenue to come in at $2.76B, and Wall Street predicts a revenue of $2.745B. Bed Bath & Beyond’s Comparable Sales Expectations are shown at -0.2%, which projects a 90% year-over-year growth rate.

Bed Bath & Beyond’s financials have performed poorly over the last few years. With less customer traffic in stores, it has been increasingly difficult for BBBY to compete with online retailers such as Amazon.  The company will need to increase its presence in the online sector if they want opportunities to seek growth in their industry once again.  Since Bed Bath stock recently hit a 10-year low, many investors are not expecting great results tomorrow.