Bed Bath & Beyond (BBBY): Time to Buy or Ready for Bed?

Bed Bath & Beyond Inc. (BBBY) operates a chain of retail stores that sell a range of products for the home. The products they sell including bed linens, bath items, kitchen utensils, basic housewares, general home furnishings, and more. Unknown to most people BBBY also provides textile products, amenities, and other goods to institutional customers in the hospitality, cruise line, and healthcare industries. The company owns and operates stores under some of the most well-known brands in the retail industry. They are Bed Bath & Beyond (BBB), Christmas Tree Shops, Harmon, buybuy BABY, World Market, and Cost Plus World Market. As of November 2016, the company had a total of 1,541 stores in the US, Puerto Rico and Canada (1,021 BBB stores; 278 Cost Plus World Market stores, 111 Baby stores, 79 CTS stores; and 52 Harmon stores.) The company has and continues to build it online presence through bedbathandbeyond.com, bedbathandbeyond.ca, christmastreeshops.com, andthat.com, harmondiscount.com, facevalues.com, buybuybaby.com, buybuybaby.ca, worldmarket.com, and ofakind.com Web sites. In addition, it operates PersonalizationMall.com that offers personalized gifts. The company was formed back in 1971. In the last 12 months, the company generated profits of $0.8 billion ($4.58/share) on $21.1 billion in revenue.

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