While Bed Bath & Beyond’s net earnings continue to slide, strong digital sales helped the chain beat analyst estimates for the third quarter.
Net sales were approximately $3.0 billion, relatively flat to the
prior year quarter. Comparable sales decreased by approximately 0.3% for
the period. While same-store sales declined in the low-single-digit
percentage range during the fiscal 2017 third quarter, comparable sales
from customer-facing digital channels continued their strong growth.. . . more