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Alias Born 01/09/2007

Re: None

Thursday, 01/07/2021 10:59:52 AM

Thursday, January 07, 2021 10:59:52 AM

Post# of 60
Retailers over Christmas where punched in the gut this year.
No doubt $URBN sales figures will be equally disappointing.

The recent stimulus checks where a kick in the teeth with most Americans utilizing the money to stay afloat as opposed to stimulating the economy. :(

$URBN 4th quarter sales figures will add more red to the bottom line.

Bed Bath & Beyond EPS misses by $0.12, misses on revenue
Jan. 07, 2021 6:55 AM
Bed Bath & Beyond Inc.

~Bed Bath & Beyond (NASDAQ:BBBY): FQ3 Non-GAAP EPS of $0.08 misses by $0.12; GAAP EPS of -$0.61 misses by $1.12.
~Revenue of $2.62B (-5.1% Y/Y) misses by $120M.
~Comparable sales growth of +2% vs. consensus of +4.6%
~Gross margin rate increased 310 bps to 35.4% vs. consensus of 34.1%.

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