Bed Bath & Beyond Shares Tumble In Pre-Market On Weak Forecast

Shares of Bed Bath & Beyond

dipped more than 10% in pre-market trading after the company issued a weak Q2 profit outlook. It projects Q2 earnings of $0.97 to $1.03 per share, versus analysts' estimates of $1.08 per share. Bed Bath & Beyond shares dropped 10.60% to $65.86 in the pre-market session.