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☆ Here are Friday's biggest analyst calls of the day: Apple, Amazon, Uber, Nike, Boeing, Netflix & more
▼ + stars: | 2023-01-06 | by ( Michael Bloom | ) www.cnbc.com time to read: +10 min

Baird names Boeing a top 2023 pick Baird named Boeing as a top idea this year and says it sees a recovery in aerospace. UBS names Target a top pick in 2023 UBS says it sees Target as a market share gainer in 2023. Wells Fargo initiates Snowflake as overweight Wells said in its initiation of the stock that it's built to "weather the storm." Piper Sandler names Amazon a top 2023 pick Piper Sandler says it sees share gains and easing comps for the e-commerce giant. " Bank of America names Domino's a top 2023 pick The firm says Domino's is well positioned in a declining macroeconomic environment.

☆ Bed Bath & Beyond exploring options including bankruptcy, shares fall 13%
▼ + stars: | 2023-01-05 | by ( Jessica Dinapoli | Thomson Reuters | New York-Based Reporter Covering U.S. Consumer Products Spanning Paper Towels To Packaged Food | ) www.reuters.com time to read: +2 min

Jan 5 (Reuters) - Bed Bath & Beyond Inc (BBBY.O) on Thursday said it was exploring options including a bankruptcy filing to address the U.S. home goods retailer's plunging sales, dwindling cash and debt load, sending its shares tumbling. Bed Bath & Beyond's fortunes dwindled and its stock collapsed in value after it pursued a strategy focused on its own private-label goods. The company became a meme stock last year when its shares soared more than 400%. Activist investor Ryan Cohen, the chairman of GameStop Corp (GME.N), took a stake in Bed Bath & Beyond, which he later sold, sending shares crashing. Bed Bath & Beyond in its prior financial update in the fall said it had liquidity of $850 million but had burned through $325 million in the quarter.

Jan 5 (Reuters) - Bed Bath & Beyond Inc (BBBY.O) on Thursday said it was exploring options including a bankruptcy filing to address the U.S. home goods retailer's plunging sales, dwindling cash and debt load, sending its shares tumbling. Bed Bath & Beyond said it expects to report a third-quarter loss of $385.5 million after sales plunged 33%. The stock was one of the most active on the Nasdaq, with nearly 9.4 million shares traded as of 09:37 ET. Bed Bath & Beyond's fortunes dwindled and its stock collapsed in value after it pursued a strategy focused on its own private-label goods. Activist investor Ryan Cohen, the chairman of GameStop Corp (GME.N), took a stake in Bed Bath & Beyond, which he later sold, sending shares crashing.

☆ New & Notable: Latest releases from Brooks, Burrow and more
▼ + stars: | 2022-11-05 | by ( Zoe Malin | Zoe Malin Is The Associate Updates Editor For Select On Nbc News. | ) www.nbcnews.com time to read: +8 min

This story is part of Select's New & Notable column, where we highlight our favorite product launches, major sales, what we're buying and some of our latest recommendations and advice. This week, we’ve got Burrow’s new shelving system, the latest Brooks running sneaker, Lalo’s bath collection for kids and more. Brooks debuted the Ghost 15 sneaker for men and women. The sneaker is also designed with 9% more recycled material than the Ghost 14. — Zoe Malin, associate updates editorI decided to take advantage of Sephora’s Holiday Savings Event to stock up on some of my favorite skin care essentials.

Bed Bath & Beyond on Thursday said sales plunged by 28% in the fiscal second quarter, as the home goods retailer struggled to draw customers. It also announced cost-cutting measures, including layoffs and closing about 150 Bed Bath & Beyond stores. Bed Bath faces several significant challenges, including mounting debt, vacant leadership roles and tense relationships with vendors. In late August, Bed Bath got some relief by securing more than $500 million of new financing, including a $375 million loan. According to former company executives, Bed Bath has had strained relationships with suppliers — and could face a repeat of two Christmases ago, when it did not have several hot products from well-known national brands.

☆ Buybuy Baby, a bright spot for Bed Bath & Beyond, reports steep drop in sales against tough comparisons
▼ + stars: | 2022-09-29 | by ( Melissa Repko | ) www.cnbc.com time to read: +2 min

Buybuy Baby has been a rare bright spot for struggling Bed Bath & Beyond. At Bed Bath & Beyond's namesake stores and website, comparable sales dropped by 28% year over year. Interim CEO Sue Gove said Thursday that Buybuy Baby faced tough comparisons in the quarter because of that, but has maintained market share in the category. Buybuy Baby has been one of its parent company's strongest businesses and most valuable assets. As Bed Bath & Beyond namesake stores have shuttered, the company has opened more BuyBuy Baby locations.

☆ Bed Bath & Beyond reports 28% drop in sales as it presses ahead with turnaround plan
▼ + stars: | 2022-09-29 | by ( Melissa Repko | ) www.cnbc.com time to read: +4 min

A person enters a Bed Bath & Beyond store on October 01, 2021 in the Tribeca neighborhood in New York City. Bed Bath & Beyond on Thursday said sales plunged by 28% in the fiscal second quarter, as the home goods retailer struggled to draw customers. It also announced cost-cutting measures, including layoffs and closing about 150 Bed Bath & Beyond stores. She said Bed Bath is "confident that our current liquidity will enable the necessary changes we are implementing." Bed Bath faces several significant challenges, including mounting debt, vacant leadership roles and tense relationships with vendors.

Bed Bath & Beyond has announced dozens of the roughly 150 stores it plans to close. In late August, Bed Bath secured more than $500 million in new financing, including a loan, ahead of the key holiday season. Bed Bath & Beyond posted a list of 56 namesake locations it will close. Already, Bed Bath & Beyond's footprint has shrunk significantly. By the same time this year, it had a total of 955 stores, including 769 Bed Bath & Beyond shops.

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