Customers abandoned Bed Bath & Beyond last month. Stock tumbles 30% - NewsBreak
By Merima in Business
Updated 3 years ago
Shares of Bed Bath & Beyond plunged nearly 30% in early trading Thursday after the retailer revealed that foot traffic "slowed significantly" in August, pummeling its second-quarter earnings. CEO Mark Tritton said in a release that the chain's sales were solid in June, but then nosedived in the following two...