Bed Bath & Beyond reported results that topped Wall Street's expectations on Wednesday, including stronger-than-forecast same-store sales, boosting its shares in extended trading.
The home furnishings and domestic retailer said it earned 58 cents a share in its fiscal third quarter, compared with 34 cents a share this time last year.
Sales for the most recent quarter reached $1.98 billion, rising from $1.78 billion in the same period last year.
Analysts who follow the company projected Bed Bath & Beyond to earn 43 cents a share on a topline of $1.90 billion.
The company added that its sales in stores that have existed for more than a year rose 7.3 percent, easily outstripping the 2.7 percent that analysts' had foreseen from the company.