Bed Bath & Beyond quarterly loss widens on merchandising issues

(Reuters) – Bed Bath & Beyond Inc (NASDAQ:) on Thursday reported a bigger quarterly loss as the embattled home goods chain struggled to stock its shelves with in-demand styles and people cut back on spending amid decades-high inflation.

The company’s net loss was $366.2 million, or $4.59 per share, for the second quarter, compared with a loss of $73.2 million, or 72 cents per share, a year earlier.

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