Financial News

Bed Bath & Beyond stock falls nearly 2% after ‘accelerated markdowns’ led to much wider-than-expected loss

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.
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