The retailer added that the latest quarter figures included a non-recurring charge of $30 million, or 7 cents a share, tied to Internal Revenue Code Section 409A. Excluding this charge, earnings per share were 79 cents vs. 67 cents last year. Same-store sales for the latest three months increased 5.2%. Bed Bath & Beyond expects net sales for the first three quarters of fiscal 2007 growing between 10% and 12%.
There is no Questions and Answer section associated with the fourth quarter earnings call conducted by Bed Bath & Beyond, Inc. (BBBY: chart) on April 11, 2007.
Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites.
Market data: BATS Exchange. Inc.
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