Since 2017, Bed Bath & Beyond (BBBY) is not part of the S&P 500. But if the stock would still be part of the S&P 500, it would have been by far the best-performing stock during the last six months. Since April 2020, BBBY’s stock price increased an impressive 443% and would have been a fantastic investment as the S&P 500 increased “only” 35.5% (which is still a very good performance). When looking at the impressive performance during the last six months, we also have to see what happened before. Since 2014, Bed Bath & Beyond was a disaster for its shareholders and the share price declined 95% until March 2020 when the stock hit its temporary low so far.
In the following article, we look at the last quarterly results as well as the turnaround strategy of Bed Bath & Beyond. Following that we also look