0829 GMT - Bed Bath & Beyond's intent to sell to customers throughout the journey of homeownership is admirable, Jefferies analysts write. The retailer reported a return to revenue growth and narrowed losses in the first quarter in earnings reported after market close Monday. An uptick in sales marks the group's first solidly-positive trend in over four years, the analysts write. However, risks remain as the group seeks to acquire and integrate several home improvement businesses, they add. "Any initial integration missteps could lead investors to invalidate the portfolio strategy." Shares surge close to 24% premarket after rising as high as 28% in after hours trade. (josephmichael.stonor@wsj.com)
(END) Dow Jones Newswires
April 28, 2026 04:29 ET (08:29 GMT)
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