Bed Bath & Beyond warns it may go out of business, stock tanks

Bed Bath & Beyond warns it may go out of business, stock tanks

The end may be near for Bed Bath & Beyond (BBBY).

In a statement published before the market open on Thursday, the company said bankruptcy is on the table as it works to shore up its leaky balance sheet amid continued financial struggles.

“The Company continues to consider all strategic alternatives including restructuring or refinancing its debt, seeking additional debt or equity capital, reducing or delaying the Company’s business activities and strategic initiatives, or selling assets,…


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