Bed Bath and Beyond Q1 net loss $2.91 per diluted shareChristian Fernsby ▼ | July 11, 2019
Bed Bath and Beyond reported financial results for the first quarter of fiscal 2019 ended June 1, 2019.
Bed Bath and Beyond Net earnings were $.12 per diluted share or $15.5 million
Excluding the goodwill and other impairments, severance and shareholder activity costs, Bed Bath and Beyond reported adjusted net earnings of $.12 per diluted share or $15.5 million for the fiscal 2019 first quarter.
On July 8, 2019, Bed Bath and Beyond's Board of Directors declared a quarterly dividend of $0.17 per share payable on October 15, 2019 to shareholders of record at the close of business on September 13, 2019.
During the fiscal 2019 first quarter, Bed Bath and Beyond repurchased approximately $81.5 million of its common stock, representing approximately 5.3 million shares. ■