The Latest Breaking News from Mark Tritton

Every major U.S. news organization is now officially helmed by a woman

Chris Licht’s departure from CNN sealed the deal.

Fortune · Jun 7, 2023

Bed Bath & the great Beyond: How the home goods giant went bankrupt

The retailer once triumphed over rivals as a "category killer" with its blue coupons. Now, it's become rudderless, turbulent and broke. Here's what happened.

WEKU · Apr 24, 2023

Bed Bath & Beyond files for bankruptcy as it moves to close stores

Bed Bath & Beyond has filed for bankruptcy protection, but the company says its stores and websites will remain open and continue serving customers

The Independent UK · Apr 23, 2023

Bed Bath & Beyond tumbles after influential investor exits

The newest meme stock on Wall Street, Bed Bath & Beyond, is tumbling even further in after-hours trading Thursday after a high-profile activist investor confirmed that’s he’s bailed out of the stock

The Independent UK · Aug 18, 2022

Why Are Insiders Buying Bed Bath & Beyond Stock For The First Time In 5 Months?

Bed Bath & Beyond Inc. (NASDAQ: BBBY) shares surged Thursday morning after several filings with the U.S. Securities and Exchange Commission (SEC) showed recent insider buying.

Benzinga · Jul 7, 2022

Is Bed Bath & Beyond Worth Only $2 Per Share? Here's What 3 Analysts Are Saying

Retailer Bed Bath & Beyond Inc. (NASDAQ: BBBY) reported first-quarter earnings and the departure of its CEO Mark Tritton on Wednesday.

Benzinga · Jun 30, 2022

Ryan Cohen Throws Shade Following Mark Tritton's Bed Bath & Beyond Dismissal: 'I'm Sick Of Seeing Failed Executives'

Mark Tritton is no longer CEO of Bed Bath & Beyond Inc (NASDAQ: BBBY) — and Ryan Cohen might be one reason why. 

Benzinga · Jun 29, 2022

Earnings Miss, Margin Pressure, CEO Exit: Bed Bath & Beyond's Q1 Highlights

Bed Bath & Beyond Inc (NASDAQ:BBBY) reported a first-quarter FY22 sales decline of 25% year-on-year to $1.46 billion, missing the consensus of $1.54 billion. Comparable sales declined 23%. Adjusted gross margin contracted 1,110 basis points to 23.8%. Adjusted EBITDA loss was $(224) million, with the adjusted EBITDA margin at (15.3)% versus 4.4% last…

Benzinga · Jun 29, 2022

Bed Bath & Beyond Shares Plunge On Q4 Earnings Miss

Bed Bath & Beyond Inc (NASDAQ:BBBY) reported a fourth-quarter FY21 sales decline of 22% year-on-year to $2.05 billion, missing the consensus of $2.08 billion. Adjusted core sales fell 14%, and the adjusted comparable sales declined 12%. Adjusted gross margin contracted 400 basis points to 28.8%. Adjusted EBITDA loss was $(30) million, with the…

Benzinga · Apr 13, 2022