Bed, Bath & an Abomination?

Bed, Bath & Beyond (“BBBY”) reported earnings on Thursday this past week.  While they “beat consensus estimates” the stock was down around 20% on the day.  More interesting to me is that retail REITs were down around 2% on the day based on the BBBY news.  I am going to take a quick look at BBBY the earnings report (and conference call).  Perhaps more interestingly, we will look at which of the landlords we previously examined has the most BBBY exposure. Continue reading “Bed, Bath & an Abomination?”