Bed Bath & Beyond stock falls nearly 2% after ‘accelerated markdowns’ led to much wider-than-expected loss
September 29, 2022 at 07:50 AM EDT
Shares of Bed Bath & Beyond Inc. fell 1.4% in premarket trading Thursday, after the home-goods retailer reported a much wider-than-expected fiscal second-quarter loss, as markdowns and promotions were accelerated to help fix a "significant dislocation" between sales and inventory.
