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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: DebtBomb who wrote (82487)6/20/2002 5:48:59 PM
From: Frederick Langford  Read Replies (2) of 99280
 
BBBY raises guidance,

17:20 ET BBBY Bed Bath & Beyond raising guidance (34.50 +0.11) -- Update --
On call, says it expects Q2 EPS of $0.23 and FY02 EPS of $0.93... Multex consensus estimates are $0.22 and $0.91, respectively... for balance of year, still planning for net sales growth in low-to-mid-20% range and same-store sales growth of 3-5%; feels it is still prudent to establish conservative, and achievable, targets.... BBBY +1.60 at 36.10
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