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

Bed Bath & Beyond (BBBY) expands deal with Google Cloud to meet growing online demand during the holiday season. Also, it will reduce costs by leveraging data via real-time analytics.

Bed Bath & Beyond Inc. (Nasdaq: BBBY) announced today that it has expanded its relationship with Google Cloud through a multi-year collaboration that will accelerate its omni-always transformation, enabling the Company to better serve customers in a digital-first environment as it rebuilds authority in the Home, Baby, Beauty and Wellness markets. To perform this work, Deloitte will serve as strategic transformation services partner.

Bed Bath & Beyond (BBBY) hires a new chief supply officer to improve the supply-chain network, which is facing a threat from the sudden digital boom.

14 Sep, 2020 @ 19:53 by Yahoo! Finance

At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). We reversed our stance on March 25th after seeing unprecedented fiscal and monetary stimulus unleashed by the Fed and the Congress. […]

14 Sep, 2020 @ 18:44 by Yahoo! Finance

Bed Bath & Beyond on Monday appointed Juan Guerrero to optimize its supply-chain operations. The home-goods retailer shares are up.

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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