Thread regarding Bed Bath & Beyond layoffs

News Update: Chapter 11 coming in 30 days or less

After a few weeks of fishing, they just secured a loan they have no way of paying off this winter with all of their inventory issues...

https://seekingalpha.com/article/4536491-bed-bath-and-beyond-is-beyond-reorganization?mailingid=28828452&messageid=must_reads&serial=28828452.3237275&source=email_must_reads&utm_campaign=Must+Read+August+24%2C+2022&utm_content=seeking_alpha&utm_medium=email&utm_source=seeking_alpha&utm_term=must_reads

Vendors would not even ship us material because we're 3 MONTHS behind on most of our creditors.

So we borrow money to pay them off so we can get items for the holiday ( this is the beginning of our holiday prep time )
pure smoke and mirrors
We're going under and this is going to be painful. Jump out while you can

by The Italian Stallion
| 1361 views | | 2 replies (last August 25, 2022) | Reply
Post ID: @OP+1inYDs7C
Comment! It's anonymous!

2 replies (most recent on top)

BBBY barely has enough money to keep the lights on...
so to spend funds on a bankruptcy firm....clearly indicates that C11 is coming pretty soon.
You dont have to be "seeking alpha" to see this one coming

and I highly doubt they manipulate the stock any more than Trevor Noah now cracking jokes on their finances for millions of his viewers

by The Italian Stallion
| | Reply
Post ID: @1oxl+1inYDs7C

While I do see this company going out of business and filing chapter 11 in the next 8-12 months citing seeking alpha as a news source isn't credible. You may want to do a search on the journalist that wrote that article. It's from a hedge fund trying to manipulate the stock. Bbby has and will continue to self inflict itself but try doing a little more research when it comes to the actual balance of the company and who you site before posting.

by Anonymous
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Post ID: @uhc+1inYDs7C

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