Bed Bath & Beyond Increases Its Full-Year Profit Forecast; Shares Advance

Bed Bath & Beyond Inc. (BBBY) said earnings per share this year will rise as much as 20 percent, up from a previous forecast for as much as a 15 percent gain.

The shares climbed $1.84, or 3.4 percent, to $55.90 at 4:26 p.m. New York time, after the close of regular Nasdaq Stock Market composite trading.

To contact the reporter on this story: Courtney Dentch at cdentch1@bloomberg.net

To contact the editor responsible for this story: Robin Ajello at rajello@bloomberg.net.

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.