Bed Bath & Beyond jumped over 15% in morning trading after a surprise fiscal third-quarter loss.
It reported quarterly losses of $(0.25) per share. This is a 412.5 percent decrease over earnings of $0.08 per share from the same period last year. The company reported quarterly sales of $1.88 billion which missed the analyst consensus estimate of $2.00 billion by 6.10 percent. This is a 28.27 percent decrease over sales of $2.62 billion the same period last year.
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