Why We Revised Our Price Estimate For Bed Bath & Beyond
We recently revised our price estimate for Bed Bath & Beyond (NASDAQ:BBBY) to $52, primarily driven by increased expense forecasts putting pressure on our margin expectations. The company has seen reported higher expenses which led to reduced margins owing to an increase in the salary compensations & technology-related costs. The tables below break down the changes we made to our model.
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- Can BBBY’s Stock Trade Higher Post Q3 Results?
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