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Benzinga
Benzinga
Business
Adam Eckert

'It's Game Over': Loop Capital Analyst Warns That Bed Bath & Beyond's Days Are Limited

Bed Bath Loop Capital Bed, Bath & Beyond Ryan Cohen BBBY Nasdaq Carl Icahn Warren Buffett

Bed Bath & Beyond Inc (NASDAQ:BBBY) shares hit 52-week lows on Wednesday after the company reported weak earnings results and announced a CEO transition. One analyst believes the pain is just getting started.

What Happened: Bed Bath & Beyond's worse-than-expected results didn't come as a surprise for Loop Capital's Anthony Chukumba. He's been bearish on the company for a while, and doubled down on that bet Wednesday during an interview on "Yahoo Finance Live."

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