Here's Why Bed Bath & Beyond is Lagging the Industry's Mark
Here's Why Bed Bath & Beyond is Lagging the Industry's Mark
Bed Bath & Beyond Inc. (BBBY-Free Report) has been losing investors’ confidence of late, thanks to its bleak performance in the third quarter of fiscal 2019. Also, the company stated that sales and profitability are likely to remain under pressure in fiscal fourth quarter, which hurt investors’ sentiments. Markedly, shares of this Zacks Rank #5 (Strong Sell) company have tumbled almost 19% following the earnings announcement on Jan 8.
床浴及更上一層樓Inc.(BBBY-Free Report)最近一直在失去投資者的信心，這要歸功於其在2019財年第三季度的黯淡表現。此外，該公司表示，第四財季的銷售額和盈利能力可能仍將面臨壓力，這傷害了投資者的情緒。值得注意的是，在1月8日公佈財報後，這家排名第五(強勁銷售)的公司的股價暴跌了近19%。
In the past month, the company’s shares have declined 7.1% against the industry's rise of 1.4%.
在過去的一個月裡，該公司的股價下跌了7.1%，而該行業的漲幅為1.4%。
Meanwhile, analysts are pessimistic about the stock’s future performance as evident from downward revisions in the Zacks Consensus Estimate. The current Zacks Consensus Estimates of $1.17 for fiscal 2019 and $1.39 for fiscal 2020 have declined roughly 39% and 31%, respectively, in the past 30 days. Also, the consensus mark of $1.11 for fiscal fourth-quarter earnings declined 24% over the same time frame.
與此同時，分析師對該股未來的表現持悲觀態度，這一點從扎克共識估計的下調中可見一斑。目前扎克斯對2019財年和2020財年的普遍預期分別為1.17美元和1.39美元，過去30天分別下跌了約39%和31%。此外，市場對第四財季收益的普遍預期為1.11美元，同期下降了24%。
Results were hurt by the calendar shift for the Thanksgiving holiday in 2019. Also, its business faced challenges from certain self-inflicted issues such as non-competitive pricing, weak inventory management and dearth of convenient shopping options such as BOPUS. (Read: Bed Bath & Beyond Stock Down on Q3 Loss, Sales Miss)
業績受到2019年感恩節假期日曆變動的影響。此外，其業務還面臨著某些自我造成的問題的挑戰，如非競爭性定價、薄弱的庫存管理以及缺乏BOPUS等方便的購物選擇。(閱讀：Bed Bath&Beyond庫存在第三季度虧損，銷售未達到預期)
Also, the company’s unimpressive comparable sales (comps) run continued in the quarter, mainly due to fall in the number of store transactions. Comps in fiscal third quarter fell 8.3%, wider than declines of 6.7% and 6.6% in the preceding two quarters. This has been exerting pressure on the top line, which dropped 9%. Evidently, the company delivered sixth straight sales miss in fiscal third quarter.
此外，該公司平淡無奇的可比銷售額(COMP)在本季度仍在繼續，主要原因是門店交易數量下降。第三財季COMPs下降了8.3%，比前兩個季度6.7%和6.6%的降幅更大。這給營收帶來了壓力，營收下降了9%。顯然，該公司在第三財季連續第六次未能實現預期的銷售業績。
Wrapping Up
收尾工作
The aforesaid factors make us apprehensive about the stock’s performance at present. Certainly, the company is focusing on cost containment, refining organization structure, reviewing and optimizing asset base, and learnings from Next Generation Lab stores. Despite these efforts, industry experts believe that the company has to redefine its business model and make it more contemporary with the present retail scenario to withstand competition. From embracing new technologies to providing fast delivery and from bringing in new marketing strategies to innovative products, the company has to look at every nook and cranny.
上述因素使我們對該股目前的表現感到擔憂。當然，該公司正專注於成本控制、優化組織結構、審查和優化資產基礎，以及向下一代實驗室商店學習。儘管做出了這些努力，但業內專家認為，該公司必須重新定義其商業模式，使其更符合目前的零售場景，以抵禦競爭。從接受新技術到提供快速交付，從引入新的營銷戰略到創新產品，該公司必須關注每一個角落和縫隙。
Stocks to Maximize Portfolio Returns
將投資組合收益最大化的股票
DICK'S Sporting Goods, Inc (DKS-Free Report) has trailing four-quarter positive surprise of 11.5%, on average. The company outpaced earnings estimates in three of the last four quarters. The stock currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here .
迪克的體育用品，Inc.(DKS-Free Report)連續四個季度的平均積極驚喜為11.5%。在過去四個季度中，該公司有三個季度的收益超過了預期。該股目前的排名為扎克斯排名第一(強力買入)。你可以看到這裡是今天ZACKS排名第一的股票的完整名單。
Hibbett Sports, Inc (HIBB-Free Report) , also a Zacks Rank #1 stock, has an expected long-term earnings growth rate of 12.2%.
希貝特體育，Inc.(HIBB-Free Report)，也是Zack排名第一的股票，預計長期收益增長率為12.2%。
Chico's FAS, Inc. (CHS-Free Report) has an impressive long-term earnings growth rate of 15% and a Zacks Rank of 1.
奇科的Fas，Inc.(CHS-Free Report)令人印象深刻的長期收益增長率為15%，扎克斯排名為1。
Zacks Top 10 Stocks for 2020
扎克斯2020年度十大股票
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2020?
除了上面討論的股票，你想知道2020年全年最好的10個買入並持有的股票代碼嗎？
Last year's 2019 Zacks Top 10 Stocks portfolio returned gains as high as +102.7%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don’t miss your chance to get in on these long-term buys.
去年，2019年扎克斯十大股票投資組合的回報率高達102.7%。現在一個全新的投資組合是從Zack Rank涵蓋的4000多家公司中精選出來的。不要錯過你的期望，你有機會參與這些長期買入。
譯文內容由第三人軟體翻譯。