Bed Bath & Beyond Incorporated (NYSE: BBBY) is the leading decorative home furnishing and domestics merchandise retailer in the U.S. Bed Bath and Beyond is BBBY's flagship chain, as well as three other chains acquired within the last ___ years.
Bed Bath & Beyond Incorporated (BBBY) is comprised of 4 store chains: Bed Bath & Beyond, Christmas Tree Shops, Harmon Discount Stores and BuyBuy Baby.
With a total of 798 stores, Bed Bath and Beyond is the leader in the decorative home furnishing sector. BBB is the largest domestic superstore chain with stores ranging anywhere from 20,000 to 50,000 square feet. BBB relies on its high quality service to attract consumers.
BBB offers a wide range of name brand home furnishings and domestics merchandise for lower prices than its department store counterparts. BBB offers products such as linens, home decor, furniture, rugs and seasonal gifts. BBB's sales are mostly driven by domestics merchandise and home furnishings. Domestics merchandise has accounted for about half of sales for the past 3 years, and linens account for about 15% of that half. The rest of sales are generated by home furnishings and other items.
Bed Bath & Beyond's subsidiaries have a lot of potential for growth. CTS and Harmon are small chains, but with BBBY's experience, the chains have the potential to flourish in their respective markets.
Housing Market Interest Rates
Buying Trends: Will consumers like the merchandise?
Home fashion trends
Consumer buying trends, which include home fashion trends, are a major factor for BBBY's overall success. Consumers liking their merchandise will obviously be very important to their success, so BBBY must pay close attention to what the "in" trends are for that particular season. If BBBY does not correctly predict the new trend, it will face a slow season and a dip in sales.
06/04/2007 - 06/05/07: BBBY announces that its First Quarter profits were below what they had expected due to a slow down in home sales. This caused stock prices to fall from $40.47 USD to $38.27 USD.
March buybuy baby acquisition
09/20/2006 - 09/26/06: BBBY releases its financial results for 2006 which are in-line with analyst estimates. BBBY's favorable financial results send stock on an upward trend from $37.14 USD to $39.21 USD.