Bed Bath & Beyond Shares Tank as Supply Chain Issues Hit Sales, Inflation Eats Into Profits - NewsBreak

Home > Business
By Tarikul in Business
Updated 3 years ago

Bed Bath & Beyond shares tanked more than 17% in premarket trading Thursday as the company said it saw a steep drop-off in traffic in August, dealing a blow to its fiscal second-quarter results. The big-box retailer is also dealing with industry-wide supply chain complications, which Chief Executive Mark Tritton...

bed-bath-beyond-shares-tank-as-supply-chain-issues-hit-sales-inflation-eats-into-profits-newsbreak