Tag Archives: Steve Temares

Bed Bath Posts Weak Q4, FY Results

Bed Bath & Beyond

UNION, N.J.-A poor fourth quarter ended Bed Bath & Beyond’s fiscal year with shortfalls in the bottom line for both periods. Net income in the quarter dropped 10.9 percent to $333.3 million, bringing net income for the fiscal year ending on March 1 to $1 billion, down 1.5 percent from the previous fiscal year. NetMore »

Bed Bath & Beyond Net Climbs 11.1 Percent in Q2

Bed Bath & Beyond

UNION, N.J.-With sales continuing on the upswing, Bed Bath & Beyond logged an 11.1 percent gain in second-quarter net income, to $249.3 million. Net sales rose 8.9 percent to $2.8 billion in the quarter, which ended on Aug. 31. As Steve Temares, Bed Bath & Beyond’s CEO, explained yesterday in a conference call to analysts,More »

Rising Expenses Slim Bed Bath Q1 Net 2.1 Percent

Bed_Bath_and_Beyond

UNION, N.J.-A jump in operating expenses offset a healthy sales gain to trim net income 2.1 percent, to $202.5 million, for Bed Bath & Beyond in its fiscal first quarter. Selling, general and administrative expenses in the quarter, which ended on June 1, were up 23.7 percent in dollars and 131 basis points as aMore »