Bed Bath & Beyond is expected to release its Q2 fiscal 2015 earnings on September 24th. In the last three months, the company’s stock price slumped by 15% compared to the 6% decline in the Nasdaq composite index, during the same period. The decline started after the company’s Q1 earnings, when it announced a sharply lower net profit margin of 5.8%, 120 basis points lower than the year-ago period’s number. The company also lowered its expectations for the rest of the fiscal year and said that earnings growth is likely to be relatively flat.
Source Forbes - Markets http://ift.tt/1L3IFAz
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