Bed Bath & Beyond Inc. (NASDAQ:BBBY) recently traded higher than its average volume. BBBY was opened at $54.03 increased +5.16 points or +10.45%. BBBY transacted shares during the day were over 12.12 million shares however it has an average volume of 2.45 million shares.
BBBY has a gross margin of 41.21% as compared to operating margin of 14.10% and its profit margin remained 8.64% for the last 12 months. The company has earnings of $733.92 million and made $8.50 billion revenue for the last 12 month. Its quarter to quarter earnings per share (EPS) remained 27.07% while earning per share for the next 5-years is expected to grow at 14.23%.
The company has 254.73 million of outstanding shares and 248.20 million shares were floated in the market. According to the most recent quarter its current ratio was 2.88 that represents company’s ability to meet its current financial obligations.
The price moved ahead of 15.84% from the mean of 20 days, 13.62% from 50 and went up 24.14% from 200 days average price. Company’s performance for the week was 13.01%, 16.61% for month and yearly performance remained 19.86%.
Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. It sells a range of domestic merchandise, such as bed linens and related items, bath items, and kitchen textiles; and home furnishings, including kitchen and tabletop items, fine tabletop, basic housewares, and general home furnishings. The company also offers food, giftware, and health and beauty care items; and infant and toddler merchandise in the categories of furniture, car seats, strollers, feeding, bedding, bath, health and safety essentials, toys, learning and development products, clothing, and seasonal and holiday products. It operates stores under the names of the Bed Bath & Beyond (BBB), Christmas Tree Shops (CTS), Harmon and Harmon Face Values (Harmon), and buybuy BABY. As of February 27, 2010, the company operated 1,100 stores, including 965 BBB stores, 61 CTS stores, 45 Harmon stores, and 29 buybuy BABY stores in 49 states, the District of Columbia, Puerto Rico, and Canada. It also operates two stores under the name of Home & More in the Mexico City through a joint venture. The company was founded in 1971 and is based in Union, New Jersey.
