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Bed Bath & Beyond Q1 Revenue up 18%, Outlook Slightly Cautious (BBBY)

The home furnishing retailer, Bed Bath & Beyond Inc. (NASDAQ: BBBY) reported late last evening that its fiscal first-quarter income fell 2.1% as margin was hurt by higher expenses while unfavorable comparables (smaller tax benefit compared to corresponding quarter of last year) also offset improvement in revenue.

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June 27th, 2013 | Tags: | Category: Large Cap Growth Stocks | Leave a comment
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Major Movers on June 5; MFRM, CYBX, RES, AMBA, JNPR, BBBY

Shares of Mattress Firm Holding Corp. (NASDAQ: MFRM) jumped about 6.90% by afternoon trade. The bedding company, late last evening, said that fiscal first quarter profit rose, driven by a solid revenue growth and handed better-than-expected earnings as well as revenue. Mattress Firm also reaffirmed its full-year earnings and revenue outlook.

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June 5th, 2013 | Tags: , , , , , | Category: Large Cap Growth Stocks | Leave a comment

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