Well the stock is at a 52week low @less than $11. Where are all the BBBY fanboys?
18 replies (most recent on top)
BBBY is one of the strongest companies out there. All stocks are down, inflation is up, there are supply chain issues, all these things derived by Putin and his WAR! We will come out strong! Hang in there the future will be bright!
Come on now. It can get much better!
All we have to do is sell the 42 feet of Our Table back stock from the back rooms. Sales go up. So does investor confidences. Win-Win
Inflation is up, and many, many stocks are down, not just BBBY.
Bed, Bath & Beyond RIP! As for the investors, we want our $27 million back from MT.
They are changing the store routines to make sales instead of looking at the new c suite mo--ns who are digging the grave deeper for the end.
Dipped below $10 today for awhile. Probably go down below $8 maybe even $5 in the near future. The C -Suite is on fire.
I just spoke to a buy buy baby store manager today and they said their sales are starting to tank everything online nothing in store slowly dwindling down not what it was a month ago
You know, personally, I believe the great New York Yankees manager Billy Martin said it best, when he said "Hey, I can drive."
The only reason the stock price isn’t lower is because of the turnaround plan. It would be successful if not for the lazy store employees.
Stock market is bad overall.
"Bankruptcy is looking like a real possibility if the firm’s freshman management team (almost all of the C-suite positions having been replaced in the past couple of years) is not able to materially shift the consumer narrative on this company then liquidation would be inevitable."
https://finance.yahoo.com/news/bear-day-bed-bath-beyond-145502489.html
Driving the stock price down so they can buy more on the dip.
The potential of Buy Buy Baby being spun off drove stock up but only as a short
Nothing solid only seen as a spike
Till now it has slowly dropped
People who use the lazy store employee excuse are simply embarrassing themselves. Stock price is driven by investors and a company's profile, outlook, sales figures, potential in the future...etc. There are no lazy people at Target, Walmart, HomeGoods or Home and More apparently. All the lazy people work at BBB according to everyone who uses this excuse, oh and only in stores...corporate is exempt from laziness. The leadership and culture at BBB is the problem and when Tritton came in he compounded those problems with his knee-jerk "turnaround" plan that has failed miserably.
So why you folks still working there?
This is a direct reflection of the service level in the stores. Anyone owning stock that goes into a store with lazy employees will immediately call their broker to sell.
It’s going to bottom out soon
The corporate goons will be here soon to blame this on lazy store employees.