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Bed Bath & Beyond (BBBY) Soars 17.6%: Is Further Upside Left in the Stock?
ZACKS·2025-10-03 10:31

Company Overview - Bed Bath & Beyond (BBBY) shares increased by 17.6% to close at $11.75, with notable trading volume compared to typical sessions, and a 16.8% gain over the past four weeks [1] - The company regained its NYSE listing at the end of August and is actively working to revive and reposition the brand [2] Recent Developments - BBBY acquired the Kirkland's Home trade name and brand assets for $10 million, supporting its national store conversion strategy to enhance omni-channel growth [2] - The management expressed confidence in continued growth under Amy Sullivan's leadership, highlighting strong momentum behind store conversions [2] Financial Performance - The upcoming quarterly report is expected to show a loss of $0.33 per share, a year-over-year change of +65.6%, with revenues projected at $259.23 million, down 16.8% from the previous year [4] - The consensus EPS estimate for the quarter has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [5] Special Dividend Announcement - BBBY announced a special dividend in the form of warrants for shareholders of record as of October 2, 2025, with one warrant for every ten shares held, expected to be distributed around October 7, 2025 [3]