Bed Bath & Beyond slides as bigger Q2 loss weighs

Neighborhood Intelligence

05/08/2026 15:04

Updates
** Shares of e-commerce company Bed Bath & Beyond BBBY.N tumble 18.5% to $4.53
** Stock hits lowest since April and on track for steepest one-day percentage decline since October 2024 should current levels hold
** Co's Q2 net loss widens on acquisition, restructuring costs
** Reports a Q2 net loss of $39.5 mln, wider than analysts' est of $20.5 mln loss
** Adj. loss per share of 53 cents, compared with estimates of 26 cents 
** Also registers 46.2 million shares for resale by current investors
** Two out of six analysts rate stock "buy" or higher, four rate it "hold"; median PT at $9 - data compiled by LSEG 
** As of last close, BBBY stocks up 1.8% YTD

 (Reporting by Tharuniyaa Lakshmi and Niket Nishant in Bengaluru)
 ((tharuniyaa@thomsonreuters.com))