Bed Bath & Beyond and Pier 1 Imports Under StockCall Microscope: Opportunities in the Home Furnishing Store Segment

Bed Bath & Beyond and Pier 1 Imports Under StockCall Microscope: Opportunities
                     in the Home Furnishing Store Segment

  PR Newswire

  LONDON, February 20, 2013

LONDON, February 20, 2013 /PRNewswire/ --

The economic condition since the beginning of the year 2013 is way better than
what it was in 2012. The housing market is strengthening and job reports are
also positive - as a matter of fact, these two things are highly correlated.
With improved economic scenario, more jobs, and new houses, customers would
definitely flock to home furnishing stores. This would be welcomed by
companies like  Bed Bath & Beyond Inc. (NASDAQ: BBBY) and Pier 1 Imports Inc.
(NYSE: PIR) which are both aggressively pursuing share buyback.  StockCall
has released full comprehensive research on Bed Bath & Beyond and Pier 1
Imports and these free technical analyses can be downloaded by signing up at

http://www.stockcall.com/technicalanalysis

Bed Bath & Beyond's share buyback

Bed Bath & Beyond Inc. Q3 results showed that net sales increased by
approximately 15.3% as compared to the same period last year. With an increase
in cash, the company has also authorized a new $2.5 billion share repurchase
program; one reason being that the company is confident about their long-term
growth potential. This also indicates that company must be finding the stock
price lucrative. Free technical analysis on Bed Bath & Beyond Inc. available
by signing up at

http://www.StockCall.com/BBBY022013.pdf 

As part of their expansion strategy the company is opening new stores and has
also acquired Cost Plus and Linen Holdings. Cost Plus provides wide range of
products and caters to retail customers. On the other hand, Linen Holding is a
B2B distributor and their clientele includes cruise line, food service,
healthcare and other industries.

The company has also started focusing on e-commerce, as they have negligible
online presence. With such aggressive steps and positive environment for the
industry the buyback will help create an interesting environment for
investors.

Share repurchase program at Pier 1 Imports Inc

Pier 1 Imports Q3 results showed that the comparable-store sales increased
7.9% versus last year's increase of 7.0%. They had also announced their third
$100 million share repurchase program, which reflects the company's confidence
in future growth in its business. Register today and access the free research
on Pier 1 Imports Inc. at

http://www.StockCall.com/PIR022013.pdf 

According to Alex W. Smith, President and CEO, performance at new stores is
very strong. They are also confident about the long-term opportunity for
growth in both e-commerce business as well as in stores. 

There are two important factors which can contribute to the further growth in
the Company - (1) Their substantial store base and (2) yet-to-be utilized
medium of e-commerce. Even though the company is conservative about the
e-commerce space, there is some movement. The company has launched a mobile
site in September 2012. The CEO aims online sales to amount to 10% of total
revenues by fiscal year 2016. At the same time, they are also looking to make
new some items which will be available exclusively online.

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