Bed Bath & Beyond Shares Tumble as Company Says ‘Substantial Doubt’ It Can Continue

Bed Bath & Beyond Shares Tumble as Company Says ‘Substantial Doubt’ It Can Continue
A Bed Bath & Beyond store is seen in Miami, Fla., on June 29, 2022. Joe Raedle/Getty Images
Katabella Roberts
Updated:
0:00

Shares of Bed Bath & Beyond dropped drastically on Jan. 5 after the company warned it is considering bankruptcy amid mounting debt and waning finances, noting that there is “substantial doubt” that the retailer will be able to continue.

The company issued the warning in its estimated financial results for the three months ending Nov. 26, 2022.
Katabella Roberts
Katabella Roberts
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Katabella Roberts is a news writer for The Epoch Times, focusing primarily on the United States, world, and business news.
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