Bed Bath & Beyond soars 33% after strong earnings report tops expectations | Markets Insider

Shares surged as much as 33% in Thursday trades to $19.89 as investors reacted to the positive earnings report.$2.69 billion, versus the $2.62 billion analyst estimateSustainable-stock funds are snapping up shares of these 20 companies - and most of them beat the market during September's turmoil, RBC says

Helping boost sales was Bed Bath & Beyond's digital channel, which includes both online sales as well as curbside pickup orders. Sales in the channel grew 89% in the quarter. The debt load of the company continued to decline, as it retired about $500 million in debt through a bond tender offer and the repayment of a bank loan. The company has $2.2 billion in cash that should help it continue to weather the COVID-19 pandemic.

Bbb sells home textiles which are supplied by likes of welspun ,trident ,himatsingka and himatsingka who are directy benefited .

I ❤️ BBB!!!

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