It could be that if this stock falls below at target sell price at $5.00 according to many Wall Street Investors! Unless you change BBBY current CEO, this company has no future at all. Remember Belk company was a cash flow and well run until Sycamore Partners bought in 2015 and it is now like a flee market retail stores with heavy in debts! Nir Patel current Belk CEO abruptly resigned and went work for Game Stop next week! Watch out BBBY you are next!
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BBBY will never declare bankruptcy. We are too strong!
Hmmm. Just like BBBY, Toys R Us had a CEO who came from Target to drive it into the ground! This is our future!
Toys R Us would have went belly up YEARS before it did without the cooperation of toy makers like Mattel, etc, who more or less extended credit to them to keep them alive. That way they felt they had bargaining leverage with Target and Walmart. Who wants to buy any of the cr-p BBBY sells?
Toys R Us is correct. Toy R Us is just a spelling mistake. It is just a quick example of how a good company went to heavy debts and filed Chapter 11 at any time when you have bad CEOs with no visions the top! BBBY stock has showing a lot of weakness and bad earning lately. Explain why Wall Street investors have no desire or confidence to buy or holding BBBY for long term investment right now!
@1dhf you are posting information about a company called Toys R Us, but the other poster referred to Toy R Us. Can you provide any information about a company called Toy R Us?
@1xaq Where were you the day Toys R Us filed or Chapter 11 bankruptcy? Yes, there is a company called Toys R Us!
"On September 18, 2017, Toys "R" Us, Inc. filed for Chapter 11 bankruptcy, stating the
move would give it flexibility to deal with $5 billion in long-term debt, borrow $2 billion so it could pay suppliers for the upcoming holiday season and invest in improving current operations.[28][1][29] The company has not had an annual profit since 2013. It reported a net loss of US$164 million in the quarter ending April 29, 2017. It lost US$126 million in the same period in the prior year. It had been paying US$400 million per-year to service its debt, which prevented it from investing in improvements to in-store experiences to compete with Amazon and Walmart. Although the "retail apocalypse" was a factor, some analysts cited that the rapid increase in debt occurred under its private equity ownership."
@ovk. There was never a company named Toy r us. What are you talking about?
Remember that Warren Buffet buys only “quality stocks” with good earnings or companies with strong fundamental and excellent business CEOs on the top. He buys and holds stocks with confidence. Do you see Warren Buffet buys any BBBY stocks lately on the dip? You don’t have to be a stock analyst or mutual fund managers to see or buy a strong and growth stocks to hold by looking only company financial reports. BBBY is not financially strong right now. Wake up please?
Most of this thread is from people who have NO idea what they are talking about. Working a register does not make you Warren Buffet
What planet are these delusional people living on? Bbby is never going to be what it was. There is no rational investor out there that would buy us for one thing. Stock price does matter as it is a key indicator to a company's financial health. The cash reserves we had are almost gone. Then we begin to use the 1.5 billion dollar credit revolver taken out in 2014. This means we cannot generate enough positive cash because sales are significantly eroded. Which then leads to bankruptcy. Investors will lose complete faith in our ability to be successful and the doors close and lights go out. Done. Yes I have a business degree.
@vza Well said! you are so right about BBBY
Sigh….. firstly, the price of BBB stock was only as high at it was because of the reddit revolution that skyrocketed a few struggling companies stocks that big investors shorted, ie gamestop and amc. Second, bbb was on its way to filing bankruptcy when the board decided to buy out their children’s businesses even though it had 0 benefit to the company, ie chefs central. Once again, they never changed with the retail landscape and stuck with tho ol’ if it ain’t broke don’t fix it mentally. Victim of their own accidental success. They had a place in the market before the market changed and now their key demographic is dying off (as morbid as that sounds… it’s true) and the younger generation doesn’t care about nor do they have time to waste in bbb. If you need sheets, you can just pick some up while you’re in target or Walmart. If you need keurig coffee, you can pick that up literally everywhere. BBB has nothing to draw any new customers in as most people want to make their lives more convenient… not add an extra stop to the shopping trip to be able to get wamsutta rugs… such is life.
So investors selling stock or running for cover means the company is headed for bankruptcy? No point wasting time discussing with certain people.
Post from TheLayoff.com
bBBY stock is down 47.5% since April earning reported on Wall Street. How low can you go? How low you want it to be?
Tell me then the quality of BBBY financial status or debts right now? Whenever the company stock is falling most investors will rush or selling and running for cover. How is your 401K and your saving at BBBY. I am sure we are so happy that BBBY stock is sooooo good right now right Einstein?
This post by the OP tells you the quality (or understanding) of workers who complain about their companies. When did the performance of a stock have anything to do with bankruptcy? Isn't bankruptcy linked to not being able to service debt? No point in saying anything further.
Where did everyone get their economics degree?
I wish you BBBY is strong and outlook, but then tell that to JC Penny, Belk, Sears, KMart, Toy R Us, Enron, World Com, NRA, Brook Brothers, Victoria Secrets, Nine West, Christopher& Bank, and many more before they all declare Chapter 11 in the end. Wake up and smell the coffee or whatever you have been told or drinking? Stock price usuall falling or selling low for a reason at all financial distress retail company. Enough said!
Belk is a poorly managed regional chain that has nothing to do with BBBY. Bed Bath is a prominent national retailer that has total dominance on the home goods market! There couldn’t be a more opposite comparison. We will continue to thrive under the best leadership in retail by MT!
The stock price doesn’t effect bankruptcy at all. We will declare bankruptcy when we can no longer pay our creditors and need protection from them trying to seize any assets to get paid. The stock going lower just makes it easier for someone to buy us out and take the company private but that doesn’t mean they will declare bankruptcy.
This is why we are failing. The COPORATE goon or goons sit in an office or on their comfy couch and post about the stock all day on a disgruntled employee page. If the goon was actually doing something productive we wouldn't be in the pickle we are in. Facts.