Bed Bath & Beyond

Bed Bath & Beyond is a publicly traded company having a good stock performance result. Bed Bath & Beyond is a fortune 500 stock listed company trading under BBBY.

The company was founded in 1971.It is a nationwide chain of superstores selling predominantly better quality domestics merchandise and home furnishings. The Company's over 725 stores principally range in size from 20,000 to 50,000 square feet, with some stores exceeding 80,000 square feet. Bed Bath & Beyond combines superior service and a huge selection of items at everyday low prices within a constantly evolving shopping environment that has proven to be both fun and exciting for customers. The stock is traded on the NASDAQ National Market under the symbol BBBY and is included in the Standard and Poor's 500 Index and the NASDAQ 100 Index.

Bed Bath & Beyond is the no 1 superstore domestic’s retailer in the US, with about 750 stores in 44 states and Puerto Rico. The stores' floor to ceiling shelves stock better-quality goods in two main categories like domestics bed linens, bathroom and kitchen items and home furnishings cookware and cutlery, small household appliances, picture frames, and more. BBBY relies exclusively on circulars, mailings, and word of mouth for advertising. New superstore openings are likely to be 70 or more per year accounting for much of the firm's growth.

Bed Bath & Beyond saw its shares jump almost 10 percent as the home-furnishings retailer reported a more than 25 percent increase in year over year fourth-quarter earnings. Reduced inventory costs helped by a strong increase in sales saw the company post earnings of 59c per share, beating the 55c Wall Street estimate as well as the 47c it posted for the same period last year.

The Union, N.J.-based Company, the nation's largest superstore domestic retailer, reported net income of 181m dollars, up from the 144.2m dollars a year ago. Net sales saw a 13.1 percent  increase from 1.3b dollars to 1.47b dollars, which beat the 1.45b dollars analyst estimate, as the company boosted gross profit margins mainly by reducing inventory costs; same-store sales also rose 5.1 percent. The performance is outstanding.