Company Profile For Bed Bath & Beyond Inc.

Bed Bath & Beyond Inc., along with its subsidiaries, is a chain of retail stores, operating under the names Bed Bath & Beyond (BBB), Christmas Tree Shops (CTS), Harmon and Harmon Face Values (Harmon) and buybuy BABY. The Company sells an assortment of merchandise, principally including domestics merchandise and home furnishings, as well as food, giftware, health and beauty care items, and infant and toddler merchandise. Domestics merchandise includes categories, such as bed linens and related items, bath items and kitchen textiles. Home furnishings include categories, such as kitchen and tabletop items, fine tabletop, basic housewares and general home furnishings.

BRIEF: For the twenty six weeks ended 29 August 2009, Bed Bath & Beyond Inc.'s revenues increased 3% to $3.61B. Net income increased 14% to $222.7M. Revenues reflect an increase in income from opening of new stores and higher income from store sales. Net income also reflects improved gross margin, decreased selling, general & administrative expenses due to lower payroll expenses and decreased advertising expenses.