Bed Bath & Beyond Inc. Reports EPS of $0.74 Fiscal Third Quarter

Bed Bath & Beyond Inc. BBBY today reported net earnings of $.74 per diluted share ($188.6 million) in the fiscal third quarter ended November 27, 2010, an increase of approximately 28% versus net earnings of $.58 per diluted share ($151.3 million) in the same quarter a year ago. Net sales for the fiscal third quarter of 2010 were approximately $2.194 billion, an increase of approximately 11.1% from net sales of approximately $1.975 billion reported in the fiscal third quarter of 2009. Comparable store sales in the fiscal third quarter of 2010 increased by approximately 7.0%, compared with an increase of approximately 7.3% in last year's fiscal third quarter.