BBBY Completes Cost Plus Deal

Bed Bath & Beyond ($BBBY) just announced that they completed the Cost Plus deal. Now that the deal is done, the company said that it will subtract “several cents” off the Q2 guidance of 97 cents to $1.03 per share. BBBY also said the deal will be “slightly accretive” to earnings for the second half of the year. They reiterated their full-year guidance for earnings growth in a range of “high single to a low double digit percentage.”

Posted by on June 29th, 2012 at 9:14 am

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