January 9, 2020 Sophia Vida

Bed Bath and Beyond Shares Fall as CEO Withdraws Guidance

Shares of U.S. retailer Bed Bath and Beyond were falling in late trading on Wednesday after the comkpany’s new chief executive withdrew financial guidance. Shares dropped 7% after CEO Mark Tritton said that the “unsatisfactory” performance at Bed Bath & Beyond “underscores the imperative for change.” On a conference call with analysts, he said he’ll … Continue reading “Bed Bath and Beyond Shares Fall as CEO Withdraws Guidance”