The Latest Breaking News from Sue Gove

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 & Beyond female CEO fits 'glass cliff' trend

Sue Gove became CEO as the retailer faced demise.

Fortune · Apr 26, 2023

Bed Bath & Beyond files for Chapter 11 bankruptcy protection, will liquidate

Bed Bath & Beyond filed for Chapter 11 bankruptcy protection Sunday and said it would start to liquidate, adding that it will reverse course if it finds a last-minute buyer.

Axios · Apr 23, 2023

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

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