{"id":4913,"date":"2020-03-20T12:05:00","date_gmt":"2020-03-20T17:05:00","guid":{"rendered":"http:\/\/hoorfarlaw.com\/blog\/?p=4913"},"modified":"2020-03-18T12:07:28","modified_gmt":"2020-03-18T17:07:28","slug":"bed-bath-and-beyond-shares-fall-by-26-after-releasing-earnings-report","status":"publish","type":"post","link":"https:\/\/hoorfarlaw.com\/blog\/?p=4913","title":{"rendered":"Bed Bath and Beyond Shares Fall by 26% after Releasing Earnings Report"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"alignright is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.schoolphotoproject.com\/_picture-of-logos-brands\/bedbath-beyond-logo1-l.jpg\" alt=\"See the source image\" width=\"257\" height=\"170\"\/><\/figure><\/div>\n\n\n\n<p>Shares of Bed Bath &amp; Beyond tumbled after the retailer reported disappointing earnings Tuesday evening. Facing stiff competition from other retailers like Target, falling foot traffic, and glaring inventory management issues, Wall Street believes a true turnaround is going to take more time than what was originally anticipated. The store reported a 20% increase in online sales; however, in-store sales fell by 11%. The stock was on pace for its worst day ever. The company who has a market cap of about $1.4 billion had shares down by more than 25% by market close on the 13<sup>th<\/sup>\u00a0of February.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Are you looking to\nstart your own business? We can help! Contact our office at 816-524-4949 or visit\nour website:&nbsp;<a href=\"http:\/\/www.hoorfarlaw.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">www.hoorfarlaw.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Bed Bath &amp; Beyond tumbled after the retailer reported disappointing earnings Tuesday evening. Facing stiff competition from other retailers like Target, falling foot traffic, and glaring inventory management issues, Wall Street believes a true turnaround is going to &hellip; <a href=\"https:\/\/hoorfarlaw.com\/blog\/?p=4913\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[267,736],"class_list":["post-4913","post","type-post","status-publish","format-standard","hentry","category-general","tag-attorney","tag-debt"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4913","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4913"}],"version-history":[{"count":1,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4913\/revisions"}],"predecessor-version":[{"id":4914,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4913\/revisions\/4914"}],"wp:attachment":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}