Home improvement retailer Bed Bath & Beyond, Inc. (BBBY) on Thursday reported a net loss for third quarter that nearly doubled from last year, hurt by charges related to its restructuring and transformation initiatives.
Both adjusted earnings per share and net sales missed analysts' expectations. The company also did not provide specific financial guidance, due to the significant COVID-19-related headwinds.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.