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Bed Bath & Beyond
Bed Bath & Beyond shares [BBBY
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] jumped more than 14 percent in extended trading, after closing at $25.51 on the Nasdaq.
Net income fell to $141.4 million, or 55 cents per share, in the fourth quarter, from $172.9 million, or 66 cents per share, a year earlier.
Analysts, on average, were expecting the Union, New Jersey-based retailer to post earnings of 44 cents per share, according to Reuters Estimates.
In January, the company forecast a range of 40 cents to 46 cents per share.
Sales slipped 0.5 percent to $1.92 billion, as sales at stores open at least a year, a key retail measure, fell 4.3 percent.
More Earnings News at Earnings Central ...
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Data is a real-time snapshot *Data is delayed at least 15 minutes