Bed Bath & Beyond delivers grim warning

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

United States Headlines News

United States Latest News,United States Headlines

BREAKING NEWS: Bed Bath & Beyond delivers grim warning

Ben Levisohn, Carleton English and Jack Hough share investment picks they missed and were glad they picked from 2022.

"While the Company continues to pursue actions and steps to improve its cash position and mitigate any potential liquidity shortfall, based on recurring losses and negative cash flow from operations for the nine months ended November 26, 2022, as well as current cash and liquidity projections, the Company has concluded that there is substantial doubt about the Company's ability to continue as a going concern," said Sue Gove, president and CEO, in a company update.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Go Woke…Go Broke!

Their stock price is in the $1.95 per share range

carvana won't be far behind with their grim revelations!

Reading between the lines, it sounds to me like BB&B top execs are looking for their best (read ‘most lucrative’) escape route before their ship sinks.

GowokeGobroke

They’re unique…cut costs and raise prices. The public needs them

Good. Go under you Woke SOBs

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bed Bath & Beyond shares plummet as company warns of deeper financial troubles“Shares take a bath” seems like a missed headline opportunity That store is one of those ones where you wonder how it stays afloat. Mostly random crap Joe Bidens America. Enjoy.
Source: CNBC - 🏆 12. / 72 Read more »

Bed Bath & Beyond bankruptcy might be next, retailer warnsThe beleaguered retailer faces 'substantial doubt' about its ability to continue operating. Bed, Bath, Bankruptcy & Beyond Bad Broke and Beyond 😂 lauferlaw A friend was in one local BBB over the weekend and said their shelves were all but empty, everything bad migrated to self check-out, and when that system malfunctioned, they had difficulty finding an employee to help. They were great in their heyday.
Source: axios - 🏆 302. / 63 Read more »

Bed Bath & Beyond exploring options including bankruptcy, shares fall 13%Bed Bath & Beyond Inc on Thursday said it was exploring options including a bankruptcy filing to address the U.S. home goods retailer's plunging sales, dwindling cash and debt load, sending its shares tumbling. have had a heretic year for most stocks , reason people cutting back . thanks, while not only did they buy your products , now they pay your debt . imagine that . then its business as usual . 😡 Bankruptcy? Is that part of the 'Beyond' G7 WEF 🥳🤡🌍
Source: Reuters - 🏆 2. / 97 Read more »

Bed Bath & Beyond Shares Plunge as It Explores BankruptcyBed Bath & Beyond said there is doubt about its ability to keep operations funded as sales continue to fall. Shares dropped more than 18% premarket. Maybe they should stop mailing all those crappy coupons that my wife won’t let me throw away. That would save a lot of money. Perhaps they should bring back My Pillow products Not BB&B ‼️
Source: WSJ - 🏆 98. / 63 Read more »

Bed Bath stock plunges after warning that it may need to declare bankruptcyBed Bath & Beyond Inc. said Thursday that it has 'substantial doubt' about its 'ability to continue as a going concern'
Source: MarketWatch - 🏆 3. / 97 Read more »

50 Fascinating Before And After Pictures Of Things Used Beyond Their Breaking PointSo many of these are almost unrecognizable.
Source: BuzzFeed - 🏆 730. / 51 Read more »