Business Analysts are all starting to say the same thing:
"Chukumba believes with worsening macroeconomic headwinds, a deteriorating financial position, and it being "highly unlikely" activist investor Ryan Cohen will prove to be the chain's "savior," the only out for Bed Bath & Beyond will be to sell the buybuy Baby chain and file for Chapter 11 bankruptcy protection.
Chukumba was also critical of Cohen's leadership at GameStop where he serves as chairman, but has presided over a period of widening losses since he assumed control of the video game retailer with no meaningful signs improvement.
"We think it will be very difficult for BBBY to regain the market share and relevance the company has lost over the past several years -- and management has run out of 'levers to pull' at this point," the analyst wrote to investors in a note."
https://www.fool.com/investing/2022/05/14/why-bed-bath-beyond-tumbled-20-this-week/