Courtesy of Benzinga.
Shares of Bed Bath & Beyond (NASDAQ: BBBY) dipped more than 10% in pre-market trading after the company issued a weak Q2 profit outlook.
It projects Q2 earnings of $0.97 to $1.03 per share, versus analysts’ estimates of $1.08 per share.
Bed Bath & Beyond shares dropped 10.60% to $65.86 in the pre-market session.
For more Benzinga, visit Benzinga Professional Service, Value Investor, and Stocks Under $5.
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