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Islamabad
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Bed Bath & Beyond, a US-based omnichannel retailer, has posted 5 per cent sales decline to $2.61 billion in its third quarter (Q3) FY20 that ended on November 28, 2020 compared to the sales of $2.75 billion in the same period previous fiscal. Company incurred a net loss for the reported period of $75.4 million (Q3 FY19: $38.5 million).
“We knew this holiday season would
be like no other and we took several steps in advance to help our customers
shop safely and with ease, including over 100 meaningful improvements to our
digital-first, omni-always customer experience and enhancements to our
contactless new Store and Curbside Pickup and Same Day Delivery service
offerings,” Mark Tritton, Bed Bath & Beyond's president and CEO, said in a
press release.
Company’s gross profit for Q3 FY20
rose to $956.5 million (Q3 FY19: $913.8 million). Selling, general and
administrative expenses were $890.7 million ($931.8 million). Operating loss
widened to $122.8 million ($29.7 million).
“We are seeing a deepening level of
recognition and engagement from our customers, including the more than 2
million new online customers in the third quarter,” Tritton said.
The property, complete with 30-seat screening from room, a 100-seat amphitheater and a swimming pond with sandy shower…
The property, complete with 30-seat screening from room, a 100-seat amphitheater and a swimming pond with sandy shower…
The property, complete with 30-seat screening from room, a 100-seat amphitheater and a swimming pond with sandy shower…
The property, complete with 30-seat screening from room, a 100-seat amphitheater and a swimming pond with sandy shower…
The property, complete with 30-seat screening from room, a 100-seat amphitheater and a swimming pond with sandy shower…
We’ve invested every aspect of how we serve our users over the past Pellentesque rutrum ante in nulla suscipit, vel posuere leo tristique.
We’ve invested every aspect of how we serve our users over the past Pellentesque rutrum ante in nulla suscipit, vel posuere leo tristique.
We’ve invested every aspect of how we serve our users over the past Pellentesque rutrum ante in nulla suscipit, vel posuere leo tristique.
We’ve invested every aspect of how we serve our users over the past Pellentesque rutrum ante in nulla suscipit, vel posuere leo tristique.
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March 26, 2020
March 26, 2020
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