Third quarter same store sales at Bed Bath & Beyond were negatively affectivd by Hurricane Sandy, but the nation’s leading home good retailer still managed to grow profits.
Bed Bath & Beyond dominates the home and housewares retail space by consistently reporting strong revenue and earnings growth, and this quarter was no exception.
Tuesday Morning's third-quarter sales offered another boost to the home retail segment, albeit not to the extent of Bed Bath & Beyond or Pier 1, which reported 4Q comps of 8.5% and 8.9%, respectively.
Cost Plus confirmed that it is conducting a merchandising test with Bed Bath & Beyond involving its consumables products in three Bed Bath & Beyond stores located in San Diego, California; Totowa, New Jersey and Elmsford, New York.