Three years ago, the new management suite's main mission was to renovate a deteriorating business that still had sturdy foundations. Today, a deteriorating balance sheet makes that task look a lot more perilous
https://www.wsj.com/articles/bed-bath-beyond-the-point-of-no-return-11656518656
I have 10 years in. I hate to think that it’s going to end this quick. The customers still want to shop us but not the new cr-p we sell. They should of looked at ST years ago who was skimming from the top.
https://finance.yahoo.com/video/bed-bath-beyond-earnings-company-144200065.html
There is no coming back from this. This is actually worse than anyone thought it could be. They will be completely done within months.
"We are looking at a situation in which this company is probably not going to be around," Chukumba told Yahoo Finance Live (video above). "It’s not going to take years. We could be talking about months at this point. We are in the end days. These results were a dumpster fire, there is no other way to put it."
https://finance.yahoo.com/news/bed-bath-beyond-dumpster-fire-out-of-business-181505056.html
Looks like burnt toast!
They’re done