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From Home Furnishing Business

Bed Bath & Beyond Reports Q1 Results

Bed Bath & Beyond Inc. (NASDAQ: BBBY) reported financial results for the first quarter of fiscal 2018 ended June 2, 2018.

Net sales for the fiscal 2018 first quarter were approximately $2.8 billion, an increase of approximately 0.4% from the prior year quarter. 

Comparable sales in the fiscal 2018 first quarter decreased by approximately 0.6%, and included strong sales growth from the company's customer-facing digital channels, and sales from stores that declined in the mid-single-digit percentage range.

Read more here.


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