Skip to Content
AP National Business

Supply chain issues pressure Bed Bath & Beyond in 3Q

<i></i><br/>
KMIZ

By
Published 8:02 AM

By MICHELLE CHAPMAN
AP Business Writer

Bed Bath & Beyond’s fiscal third-quarter loss widened, with the home goods retailer saying supply chain issues are continuing to squeeze its business. The Union, New Jersey-based company lost $276.4 million, or $2.78 per share, for the three months ended Nov. 27. That compares with a loss of $75 million, or 61 cents per share, a year earlier. Losses, adjusted for restructuring costs and other items, came to 25 cents per share. That’s below the breakeven results that analysts surveyed by Zacks Investment Research were looking for.

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

ABC 17 News is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content