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Tag: steep

Bed Bath & Beyond’s steep decline is a buying opportunity

CNBC’s Jim Cramer on Wednesday blasted Bed Bath & Beyond‘s decision to announce disappointing same-store sales figures well ahead of its fourth-quarter earnings release. However, Cramer said investors could use the subsequent stock plunge as a buying opportunity. “I would buy it,” he added. Bed Bath & Beyond shares sank about 25% on Wednesday after …

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Superdry reports steep sales drop after founder retakes helm | Business

Seven months after the founder of Superdry forced his way back into the fashion business it has reported a steep fall in sales but said its profit margins were starting to recover as it ended widespread discounting. Sales tumbled by more than 11% in the first half of its financial year as Julian Dunkerton retook …

Superdry reports steep sales drop after founder retakes helm | BusinessRead More