Bed Bath & Beyond reported disappointing Q1 results, with both revenues and earnings falling short of consensus estimates. Quarterly comparable sales decreased approximately 2% due to a decrease in the number of transactions in stores, partially offset by an increase in average transaction amount.
from Forbes Real Time http://www.forbes.com/sites/greatspeculations/2017/07/03/heres-how-store-closures-can-work-in-bed-bath-beyonds-favor/
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