Bed Bath & Beyond Inc. (NASDAQ:BBBY) is poised to continue its turnaround, according to Wedbush analysts, who reiterated an ‘Outperform' rating on the retailer with a 12-month price target of $13. Shares of Bed Bath & Beyond traded hands at $8.50 on Tuesday, having gained more than 72% so far this year.
The old Beyond Inc., newly resurrected as Bed Bath & Beyond, is starting to open new stores, but executive chairman Marcus Lemonis announced that the company will steer clear of California because he considers the state too costly to operate in profitably, according to a company statement.
MURRAY, Utah--(BUSINESS WIRE)--Beyond, Inc. (NYSE:BYON) has issued the following statement from Marcus Lemonis, Executive Chairman of Bed Bath & Beyond: We will not open or operate retail stores in California. This decision isn't about politics — it's about reality. California has created one of the most overregulated, expensive, and risky environments for businesses in America. It's a system t...
Bed Bath & Beyond's parent company said it's time for a name change. Beyond said it will “reclaim” the name Bed Bath & Beyond and begin trading under the ticker symbol BBBY on the New York Stock Exchange starting Aug. 29, according to a Monday (Aug. 18) press release.
MURRAY, Utah--(BUSINESS WIRE)--Beyond, Inc. renaming to Bed, Bath & Beyond and changing ticker symbol to BBBY.
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