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.

TECHS:

If you liked this content please click the ❤️ below and/or share this post.

SHAMLESS PLUGS

CLICK HERE TO CHECK OUT MY 2021 PREVIEW OPINION PACKET. OVER 80 PAGES OF CONTENT AND INFORMATION AVAILABLE HERE.

TOTALLY FREE Trading Packet!

Click here to get my packet that shows you how I traded $600 into $100K FOR FREE.

This packet will explain to you in depth how I trade and how I manage my risk.

I am happy to share this. Just use the code KPAKFRAUD at checkout and you will get it TOTALLY FREE. You will pay absolutely nothing.

Check out the latest episodes on my YouTube above and SoundCloud channel below.