Bed bath & beyond reports q3 loss per share $0.31

Bed bath and beyond inc. reports results for fiscal 2019 third quarter.q3 loss per share $0.31.q3 sales $2.8 billion versus refinitiv ibes estimate of $2.85 billion.q3 same store sales fell 8.3 percent.q3 earnings per share estimate $0.03 -- refinitiv ibes data.q3 adjusted loss per share $0.38.company plans to reveal new strategic vision in early 2020; withdraws fiscal 2019 financial guidance.expects its sales and profitability to remain pressured during fiscal 2019 q4.company ended fiscal 2019 q3 with $920 million in cash and investments."foundation of company's transformation is well underway".will be finalizing details of strategic plan over next few months.
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