MURRAY, Utah (AP) — MURRAY, Utah (AP) — Bed Bath & Beyond, Inc. (BBBY) on Tuesday reported a loss of $39.5 million in its second quarter.
The Murray, Utah-based company said it had a loss of 53 cents per share.
The online discount retailer posted revenue of $361.2 million in the period.
Bed Bath & Beyond shares have climbed nearly 2% since the beginning of the year, while the S&P’s 500 index has increased 13%. In the final minutes of trading on Tuesday, shares hit $5.56, a decrease of 30% in the last 12 months.
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