BED BATH & BEYOND (BBBY)

EARNINGS RELEASE WEDNESDAY - OCTOBER 2 (AMC)

Trade Assist May Not Be Available For All Jump Trades (See Trade Plan

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JUMP REPORT

Avg Daily Volume: 7,248,181    Market Cap: 1.26B
Sector: Services    Short Interest: None

EARNINGS EXPECTATIONS:  

     THIS QTR:   EPS:     .27/share     REV:  2,750/M
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     LAST QTR:  EPS:      .08/share     ACTUAL:   .12/share  (BEAT)
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     NEXT QTR:  EPS:     .17/share     REV: 2,890/M
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     FULL YR:     EPS:      1.86/share    REV: 11,360/M
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*These are the base metrics we will be watching against the actual release numbers
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BEAT/MISS RECORD:  45%  OF THE TIME THEY BEAT ESTIMATES

PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -9.46, -12.0, 16.90

POTENTIAL JUMP MOVE:  12%

Links To Latest News and Headlines

28 Oct, 2020 @ 17:35 by Yahoo! Finance

Investors weren’t impressed with the company’s three-year plan or its large share repurchase authorization.

28 Oct, 2020 @ 16:48 by Yahoo! Finance

The insiders can send powerful signals when they use their own cash to buy more shares of their company stock.

28 Oct, 2020 @ 14:29 by Yahoo! Finance

Bed Bath & Beyond (NASDAQ: BBBY) showed a loss in earnings since Q1, totaling $81.02 million. Sales, on the other hand, increased by 105.66% to $2.69 billion during Q2. In Q1, Bed Bath & Beyond brought in $1.31 billion in sales but lost $460.93 million in earnings.What Is ROCE? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company’s ROCE. A higher ROCE is generally representative of successful growth of a company and is a sign of higher earnings per share in the future. A low or negative ROCE suggests the opposite. In Q2, Bed Bath & Beyond posted an ROCE of 0.05%.Keep in mind, while ROCE is a good measure of a company’s recent performance, it is not a highly reliable predictor of a company’s earnings or sales in the near future.View more earnings on BBBYROCE is an important metric for the comparison of similar companies. A relatively high ROCE shows Bed Bath & Beyond is potentially operating at a higher level of efficiency than other companies in its industry. If the company is generating high profits with its current level of capital, some of that money can be reinvested in more capital which will generally lead to higher returns and earnings per share growth.In Bed Bath & Beyond’s case, the positive ROCE ratio will be something investors pay attention to before making long-term financial decisions.Q2 Earnings Insight Bed Bath & Beyond reported Q2 earnings per share at $0.5/share, which beat analyst predictions of $-0.23/share.See more from Benzinga * Click here for options trades from Benzinga * Stocks That Hit 52-Week Highs On Friday * Stocks That Hit 52-Week Highs On Thursday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Bed, Bath & Beyond laid out an aggressive three years investment plan Wednesday, which includes store closures and supply chain changes, as the home retailer continues its turnaround strategy under CEO Mark Tritton.

Bed Bath & Beyond Inc. shares fell 9% in premarket trade Wednesday, after the retailer unveiled a transformation program that aims to unlock potential and boost profitability. Union, New Jersey-based Bed Bath & Beyond told analysts at an investor day that it will follow a three-year roadmap to remodel stores, overhaul its supply chain and boost returns to shareholders. The company has launched a $225 million accelerated share buyback program. and is planning to buy back shares totaling up to $675 million over the next three years. The program will be funded by cash resources generated from the sale of certain non-core assets. The company suspended buybacks in March as part of actions taken to conserve cash during the pandemic. The retailer will spend $250 million to remodel 450 stores, will boost its private label offering and upgrade its technology. Shares have gained 39% in the year to date, while the S&P 500 has gained 5%.

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