Investors had high hopes for Bed Bath & Beyond‘s (NASDAQ: BBBY) third-quarter earnings report. While the specialty retailer has been struggling with weak sales trends, management’s latest restructuring plan delivered improving results last quarter. The chain also seemed to turn the corner on growth thanks to surging demand in some of its key home furnishing niches.
This past week, Bed Bath & Beyond confirmed that positive momentum with several key growth and financial wins. But the business still has a long way to go before investors can call this a successful rebound story.
Let’s dive right in.