Bed Bath & Beyond (BBBY) is set to report Q4 (Feb) results tomorrow before the open with a call to follow at 8am ET.
The current S&P CapitalIQ consensus is for EPS to fall 18% yr/yr to $0.31 while revenue is expected to drop 15% yr/yr $2.65 bln.
Last quarter, the retailer fell short of expectations. This dud came after a beat in August.
BBBY was hurt by major shipping constraints and higher freight costs last quarter. This hurt margins and was partly to blame for the big EPS miss in Q3.
For comps, BBBY reported Q3 total enterprise comps at +2% and +5% for its core Bed Bath & Beyond banner, which was down from +6% comps in Q2. These last two positive quarters were the first since 2016.
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