Just days after Bed Bath & Beyond’s bankruptcy warning, the CEO said that 'multiple paths are being explored'
Bed Bath & Beyond Inc.’s CEO says the company is considering “all strategic alternatives” just days after the troubled home goods retailer said it may need to declare bankruptcy.
The company’s CEO, Sue Gove, provided the update Tuesday as Bed Bath & Beyond BBBY delivered third-quarter results that missed analysts’ top and bottom line estimates. “As we shared last week, we continue to work with advisors as we consider all strategic alternatives to accomplish our near- and long-term goals,” Gove said in the company’s earnings statement Tuesday.
See Now: Bed Bath & Beyond’s Q3 earnings fall below estimates as loss widens and same-store sales fell 32% See Now: Bed Bath & Beyond bankruptcy warning marks latest chapter in troubled retailer’s downward spiral
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