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.

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