Wednesday, June 27, 2007

UPDATE 2-Bed Bath & Beyond posts higher quarterly profit

(Reuters) - First-quarter net income rose to about $104.6 million, or
38 cents a share, from $100.4 million, or 35 cents a year
earlier. Quarterly sales rose to about $1.6 billion.




Analysts, on average, were expecting the Union, New
Jersey-based retailer to earn 37 cents a share for the quarter
on about $1.5 billion in sales, according to Reuters
Estimates.


Read more at Reuters.com Market News

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