Read as much as you want on, anywhere and anytime, for just 99¢.

Market movers

Bed Bath & Beyond’s forecast disappoints

The home-goods company is headquartered in Union, N.J.

Globe file /2011

The home-goods company is headquartered in Union, N.J.

Continue reading below

Bed Bath & Beyond shares lost 6.5 percent after the operator of home stores projected full-year profit that would trail analysts’ estimates. Profit will be $4.48 to $4.54 a share this year. Analysts had projected $4.62, the average of 25 estimates compiled by Bloomberg. As of Nov. 24, the company had 1,466 stores, according to a press release, including 1,003 Bed Bath & Beyond stores. It also­ operates World Market stores, Christmas Tree Shops, buybuy BABY, and other stores.

Loading comments...
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of