MURRAY, Utah (AP) — MURRAY, Utah (AP) — Bed Bath & Beyond, Inc. (BBBY) on Monday reported a loss of $4.5 million in its third quarter.
The Murray, Utah-based company said it had a loss of 7 cents per share. Losses, adjusted for non-recurring gains, were 19 cents per share.
The online discount retailer posted revenue of $257.2 million in the period.
Bed Bath & Beyond shares have climbed 74% since the beginning of the year, while the S&P’s 500 index has increased 17%. In the final minutes of trading on Monday, shares hit $8.60, a climb of 35% in the last 12 months.
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