Bed Bath & Beyond (BBBY), the beleaguered home retailer that hasn't yet participated in the somewhat-surprising rally amongst retail stocks this year, reports its fiscal Q1 '19 financial results on Wednesday, June 27th 2018, after the closing bell.
Street consensus is expecting $0.32 in earnings per share on $2.75 billion in revenue for expected year-over-year decline in EPS of 45% on flat revenue growth.
Bed Bath (the stock) is down 7% year-to-date (YTD) and 38.7% year-over-year (y/y).
Recent positive developments are that the fiscal Q4 '18 revenue growth of +5% (ended Feb. '18) was the strongest y/y revenue growth since November '13's 6%, and the management reshuffling that looks to place Eugene Castagna as successor to current and embattled CEO Steven Temares, whose days are hopefully limited.
