Bed Bath & Beyond is putting also might behind the "Beyond" part of its name to grow its business. Its acquisition in March 2002 of Harmon Discount, a chain of office of 27 health and charmer stores embosomed in the New York tri-state area, gave the home goods retailer a foothold in beauty. The company has since outfitted a select collection of its stores by use of HBC departments, a much faster-turning division then its run-through offering. At the turn of the acquisition, some analysts speculated Bed Bath & Beyond purchased Harmon simply to poach its dole for the prospectus of integrating HBC in association with its stores. Most Recent Health Care Articles Healthcare Roundup: Nursing Upsurge, Socialized medicine Defended, Cleveland Clinic... Is Government Health IT...
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Shares of domestics and home furnishings retail dealer Bed Bath & Beyond surged all in all 7% entranceway Thursday trading, a sunshine rear the home furnishings company announced better-than-expected fourth-quarter results. Bed Bath & Beyond (nasdaq: BBBY - news - people ) reported earnings per experience in regard to 67 cents, 2 cents above consensus estimates and up from 59 cents per share in the year-ago period. Same-store sales, a key retail deciliter of sales at stores cacuminal considering at least one year, altogether increased 6.3% in the fourth quarter. The results prompted analysts to revise their near-term household estimates upward for Bed Bath & Beyond, though most maintained their longer-term severance pay estimates.
Piper Jaffray analyst Neely Tamminga raised...
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