The Latest Breaking News from Bed Bath & Beyond Inc

Kirkland’s Home will rebrand to Bed, Bath & Beyond over the next two years

California Governor Gavin Newsom challenged Bed Bath Beyond‘s decision to avoid opening retail stores in the state, responding on X Wednesday: “The company that already went bankrupt and closed every store across the country two years ago? Ok.”

Although inflation reduced significantly from its peak, it remains far off the Fed’s target. The sequential increase in inflation and hotter-than-expected jobs report last month could compel policymakers to raise interest rates higher than previously expected until it achieves its 2% inflation target. Since it may not be easy for…

Despite the recent rally in meme stocks due to risky bets by amateur speculators, fundamentally weak, over-hyped, and over-leveraged businesses are unlikely to survive the rising rate environment. Hence, it may be wise to sell GameStop (GME), AMC Entertainment Holdings (AMC), and Bed Bath & Beyond (BBBY). Continue reading….

Despite several headwinds, the spending on home improvement remained healthy last year. Moreover, homeowners could keep spending on home improvement projects this year. To that end, investors could buy fundamentally strong home improvement stock Acuity Brands (AYI). However, avoiding the fundamentally weak stock Bed Bath & Beyond (BBBY) might be…

While Bed Bath & Beyond (BBBY) has been gaining traction lately, Wall Street analysts see a potential downside of nearly 60% in the near term. Moreover, the company recently initiated its latest round of layoffs. So, is BBBY still not worth buying? Let’s find out.

Fears of an impending recession have been a drag on the stock market for quite a while now. As the Fed continues to stay hawkish, a global recession seems imminent. Hence, fundamentally weak stocks Verve Therapeutics (VERV), Bed Bath & Beyond (BBBY), and Party City Holdco (PRTY) might be best…

With the Fed signaling to keep raising interest rates in 2023 and other unfavorable economic reports, recession odds are rising. Amid ongoing market uncertainties, it could be wise to stay away from fundamentally weak stocks Lucid (LCID), Ginkgo Bioworks (DNA), and Bed Bath & Beyond (BBBY), which are rated Strong…

The stock market has been under pressure this year, and the heightening COVID-19 restrictions in China are adding to the woes now. Moreover, although inflation shows signs of cooling, it is far from the Fed’s target level. Hence, amid such uncertain times, fundamentally weak stocks Canoo (GOEV), Bed Bath &…