Bed Bath & Beyond Inc. (BBBY). The company posted a quarterly profit that beat Wall Street expectations, as more shoppers showed an interest in decorating their homes. Net income for the second quarter was $229.4 million, or 93 cents a share, compared with $181.8 million, or 70 cents a share, a year ago. The company's same-store sales rose 5.6 percent. For the third quarter, Bed Bath expects to earn 82-87 cents a share, compared with average analysts' expectations of 86 cents per share.
BBBY is down 1.50 to 56 this morning.
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