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