JUMP REPORT
BED BATH & BEYOND (BBBY)
EARNINGS RELEASE - JULY 8 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: -1.22/share REV: 1,390/M
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LAST QTR: EPS: .20/share ACTUAL: .38/share (BEAT)
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NEXT QTR: EPS: -.43/share REV: 2,210/M
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FULL YR: EPS: -1.78/Share REV: 9,030/M
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BEAT/MISS RECORD: 47% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 22.5, -20.06, 6.48
EXPECTED JUMP MOVE THIS QUARTER: 15%
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*** With market volatility at extremes there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before trading.
Links To Latest News and Headlines
Default rates are expected to go up if inflation and debt-servicing costs remain high, ratings firms say
A recent study by DataWeave Inc. reveals that more than 40% of Bed Bath & Beyond’s products were out of stock in October, which is close to twice the level in the first half of 2022. What Happened: Bed Bath & Beyond Inc (NASDAQ: BBBY) is struggling to lure customers for the holiday season, as the company cannot stock up its stores across the U.S., reports The Wall Street Journal. In October, Bed Bath & Beyond had higher out-of-stock rates compared to other retailers like Home Depot Inc (NYSE: HD
The home-goods chain’s out-of-stock levels are higher than rivals heading into the holiday shopping season.
In this article, we will be taking a look at 10 Reddit stocks that are too cheap to ignore. To skip our detailed analysis of these stocks, you can go directly to see the 5 Reddit Stocks That Are Too Cheap To Ignore. Reddit, an online platform, caught the attention of investors last year with the […]
Bed Bath & Beyond Inc. said MOnday it has further extended offers to exchange some of its outstanding debt securities for cheaper debt to reflect changes to some of the new notes. The troubled retailer said it’s now offering to exchange 3.749% senior notes that mature in 2024 for new 3.693% senior second lien secured non-convertible notes that mature in 2027 and/or new 8.821% senior second lien secured convertible notes maturing in 2027, at the option of the holder. The company will exchange its
StockJumpers analysis and trade plans are uploaded generally 1 HOUR BEFORE MARKETS CLOSE (3PM EST) for most events.
ANALYSIS:
The trajectory analysis models have the market reaction as negative on the release. We were hoping for a more positive outcome on better than expected numbers, but it looks like a miss and the investor confidence may not be there.
We are biased SHORT on this event
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OUR TRADE PLAN:
ENTRY: SELL – end of day
STOP LOSS: N/A
INITIAL PROFIT TARGET: 12%
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TRADE ASSIST: N/A
POST RELEASE ACTION:
There is a significant amount of data behind the scenes involved in the analysis and trade plan tab above, that does not get put into the report. Too much information for traders often confuses things – so this is stripped down to only what is needed to make the best possible decision(s) on trading the trajectory.
Members who are too busy to manual trade can use Trade Assist. For more information visit here
| Avg Daily Volume: 1,554,955 Market Cap: 5.29B Sector: None Short Interest: 11.96 |
Ticker delayed 20 minutes
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by Team Stockjumpers