🤑 NASDAQ: BBBY could be the top retail underdog to be watching closely right now!

NEW PICK: NASDAQ: BBBY NASDAQ: BBBY could be the top retail underdog to be watching closely right now! Greetings All, The pandemic, inflation, and a bleak supply chain crisis has made one thing very clear about the retail sector. The space is certainly not immune to these challenges. The retail apocalypse has been real, but those who grasp challenges head on could emerge stronger than ever. After years of turnaround efforts and market volatility, things may finally begin to turn in the favor of one of the most well-known domestic merchandise retailers around! Bed Bath and Beyond (NASDAQ: BBBY) is a hot topic on Wall Street as many investors remain hopeful that the retailer will rise from the ashes and see an incredible rebound. Newly appointed interim-CEO Sue Gove has said recently that she has “a lot to do” and “must do it quickly.” One of Gove’s strategies includes prioritizing streamlining the company’s business with a "back-to-basics mantra" to drive more traffic to its stores. What’s very exciting is that Gove along with other insiders had recently scooped up shares of the company in bets that the retailer will have a major comeback. Bed Bath and Beyond (NASDAQ: BBBY)’s stock has declined from around $18 to under $5 since the beginning of 2022. With the company still undergoing a transformation that started in 2021, it could fundamentally rebuild NASDAQ: BBBY back to a retail king. The company’s efforts, aimed at improving technologies and supply chains in the long term, may lead to an epic turnaround and a reason to have NASDAQ: BBBY at the top of your radar right now! [Image]( []( Bed Bath and Beyond NASDAQ: BBBY Bed Bath & Beyond interim CEO: “We are working with urgency!” About the Company Bed Bath & Beyond Inc. and subsidiaries is an omnichannel retailer that makes it easy for customers to feel at home. The Company sells a wide assortment of merchandise in the Home, Baby, Beauty and Wellness markets. Additionally, the Company is a partner in a joint venture which operates retail stores in Mexico under the name Bed Bath & Beyond. The Company operates websites at [bedbathandbeyond.com]( bedbathandbeyond.ca, [buybuybaby.com]( buybuybaby.ca, [harmondiscount.com]( [facevalues.com]( and [decorist.com](. As of May 28, 2022, the Company had a total of 955 stores, including 769 Bed Bath & Beyond stores in all 50 states, the District of Columbia, Puerto Rico and Canada, 135 buybuy BABY stores and 51 stores under the names Harmon, Harmon Face Values or Face Values. During the Fiscal 2022 first quarter, the Company opened 5 buybuy BABY stores. The joint venture to which the Company is a partner operates 12 stores in Mexico under the name Bed Bath & Beyond. The Retail Sector May See a Big Comeback Fed up with mounting global crises, consumers are reaching for their credit cards to get a dose of retail therapy. For astute retailers, it’s an opportunity to boost profits and nurture eager spenders looking for their next retail hit. Retail sales are expected to grow between 6% and 8% in 2022, as consumers spend more on services instead of goods and cope with inflation, the [National Retail Federation]( said. That annual forecast represents a slower pace of growth for retailers than 2021, but it's higher than the pre-pandemic growth rate. That would total between $4.86 trillion and $4.95 trillion in retail sales, the trade group said, with some of the sales gains coming from inflation-fueled prices. Those sales numbers exclude automobile dealers, gas and restaurants. While fashion, jewelry and other nonessential goods are generally not the best businesses in a down economy, there’s an exception for discounters. Did you know that Dollar Tree, Walmart and Ross Stores had some of the highest-returning stock during the 2008 recession? With back-to-school shopping on the way, NASDAQ: BBBY could see big sales as parents shop for dorm essentials. In fact, “retailers are set for the strongest back-to-school shopping season on record as inflation drives up prices of clothes and supplies and more students return to physical classrooms after two years of pandemic-led disruption, a [Deloitte]( forecast showed.” Recent Executive Leadership Changes Sue Gove, the company’s Director and Interim-CEO replaced former CEO Mark Tritton on June 29 after Bed Bath & Beyond reported poor first-quarter financial results. The company's revenue had sank 25% year over year to $1.5 billion as sales at its existing stores plunged by 23%. With dismal results like this, BBBY is now focused on a major turnaround with Gove leading the way! Gove has spent more than 30 years within the retail industry serving a variety of senior financial, operating and strategic roles that included president and CEO of Golfsmith International Holdings and chief operating officer of Zale Corporation. She is the president of Excelsior Advisors, LLC, a retail consulting and advisory firm founded in August 2014. - Gove has more than 30 years of retail industry experience including President and CEO of Golfsmith and COO of Zale Corporation. - She was Independent Director of Board since May 2019; served two years on the Audit and three years on the Nominating and Corporate Governance Committees; named Chair of the Board’s Strategy Committee in March 2022. - Board member of The Fresh Market, IAA, Conn’s HomePlus. - Served as a Senior Advisor for Alvarez & Marsal, a global advisory firm primarily focused on retail turnarounds. Interim CEO Sue Gove is making a big bet on the retailer’s turnaround strategy! One and quarter does not define or derail a multi-year strategic plan…. Earlier this month she bought 50,000 shares at an average price of $4.61 a share on July 1st, according to a regulatory filing. That purchase increased Gove’s shares to a total of 105,587 shares. Other members of the company’s board of directors also bought stock. It's often said that insiders sell shares for many reasons, but they buy for only ONE: They think their company's stock price is headed higher! In addition, Mara Sirhal has been named EVP and chief merchandising officer. Sirhal was most recently Bed Bath & Beyond’s senior VP and general manager for Harmon, as well as general merchandise manager of health, beauty & consumables. She will be responsible for driving the company’s omnichannel merchandising, planning and private label brand strategies, while also retaining her position as general manager for the Harmon retail banner. She will report directly to Gove. - 20 years of retail industry experience, merchandising, store operations, beauty, and wellness. - Served as SVP, General Manager for Harmon. - Prior VP, Divisional Business Manager for Licensed, Retail as a Service and Retail Diversity Strategy at Macy’s, and various strategic merchandising roles including VP, Divisional Business Manager for Fragrances, Bath and Body Merchandising in the Beauty division. Optimism at the Company’s Latest Shareholder Meeting At the company’s [shareholder meeting]( earlier this month, board members pointed to a few bright spots amid the challenges of reanimating the business. “We have an opportunity to optimize the balance between national brands, direct-to-consumer brands and our own brands to ensure we have the right assortment for our customers,” said [interim CEO Sue Gove](. The company will provide “much more” information on that front when it shares an update on its progress in late August, she said. This is around the corner! Gove also pointed to Bed Bath & Beyond’s opening price point private label brand Simply Essential as a house label that is hitting the mark with consumers. Simply Essential is one of nine multi-category owned brands that Bed Bath & Beyond rolled out between February 2020 and May 2022. The retailer is developing immediate action plans to balance Bed Bath & Beyond’s assortment as it aims to recapture share in stores and online. The company’s loyalty program, which launched on June 23, signed up two million members in its first two weeks, said Gove. BBB is also looking to the Back-to-College season to drive business. In the meantime, the company is working on supply chain stabilization, paring inventory levels and aligning its cost structure to sales. “We are working with urgency in our efforts and we are very focused on finding the best opportunities available to maximize value for all stakeholders,” said Gove. “The next few weeks and months are critically important.” Related news: [Bed Bath & Beyond board has a wish list in hunt for new CEO]( In 2008, the Great Recession was all over the news. Many companies tumbled, and many came back from the brink of death. Corporate turnarounds are the dramatic comeback victories of the business world. Just when you’re ready to count a company (or a team) out, they manage to pull it together and eke out a victory… Apple likely never would have become the powerhouse it is today without the visionary leadership of Steve Jobs, nor would have Starbucks survived its growing pains if former CEO Howard Schultz hadn’t returned to address the company’s problems. Bed Bath and Beyond (NASDAQ: BBBY) could emerge stronger than ever and at current share prices is one to keep on your watch list! When the U.S. economy tanks, even most high-quality stocks such as NASDAQ: BBBY get dragged down with it…. but the potential rebound could be something extraordinary! Copyright 2022 © PTE.la is owned and operated by CareBear Marketing Group LLC. [Disclaimer and Privacy]( more Information please contact Support@pte.la Company Address: 26 Downing Street, Newark NJ 07105. This website provides information about the stock market and other investments. This website does not provide investment advice and should not be used as a replacement for investment advice from a qualified professional. This website is for informational purposes only. The Author of this website is not a registered investment advisor and does not offer investment advice. You, the reader, bear responsibility for your own investment decisions and should seek the advice of a qualified securities professional before making any investment. Nothing on this website should be considered personalized financial advice. Any investments recommended here in should be made only after consulting with your personal investment advisor and only after performing your own research and due diligence, including reviewing the prospectus or financial statements of the issuer of any security. CareBear Marketing Group, its managers, its employees, affiliates and assigns (collectively "The Company") do not make any guarantee or warranty about the advice provided on this website or what is otherwise advertised above. To the maximum extent permitted by law, the Company disclaims any and all liability in the event any information, commentary, analysis, opinions, advice and/or recommendations provided herein prove to be inaccurate, incomplete or unreliable, or result in any investment or other losses. You received this message as part of your subscription to PTE. PTE is a free financial news and information website. We do not directly sell any products or offer any personal financial advice, nor do we advocate the purchase or sale of any security or investment for any specific individual. We also do not make any guarantee or warranty about what is advertised above. If you have questions or concerns about a product you’ve seen in one of our emails, we encourage you to reach out to that company directly. Disclaimer – Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions and is for entertainment purposes only. At most, this communication should serve only as a starting point to do your own research and consult with a licensed professional regarding the companies profiled and discussed. Conduct your own research. This newsletter is a paid advertisement, not a recommendation nor an offer to buy or sell securities. This newsletter is owned, operated, and edited by CareBear Marketing Group. Any wording found in this e-mail or disclaimer referencing to “I” or “we” or “our” or “PTE” refers to CareBear Marketing Group. Our business model is to be financially compensated to market and promote small public companies. By reading our newsletter and our website you agree to the terms of our disclaimer, which are subject to change at any time. We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature and are therefore are unqualified to give investment recommendations. Companies with low prices per share are speculative and carry a high degree of risk, so only invest what you can afford to lose. By using our service you agree not to hold our site, its editor’s, owners, or staff liable for any damages, financial or otherwise, that may occur due to any action you may take based on the information contained within our newsletters or on our website. We do not advise any reader to take any specific action. Losses can be larger than expected if the company experiences any problems with liquidity or wide spreads. Our website and newsletter are for entertainment purposes only. Never invest purely based on our alerts. Gains mentioned in our newsletter and on our website may be based on end-of-day or intraday data. This publication and its owners and affiliates may hold positions in the securities mentioned in our alerts, which we may sell at any time without notice to our subscribers, which may have a negative impact on share prices. If we own any shares we will list the information relevant to the stock and the number of shares here. We do not own any shares in BBBY. We have not been compensated for any marketing efforts regarding BBBY. PTE’s business model is to receive financial compensation to promote public companies. This compensation is a major conflict of interest in our ability to be unbiased regarding our alerts. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the hiring third party or parties. The third party, profiled company, or their affiliates likely wish to liquidate shares of the profiled company at or near the time you receive this communication, which has the potential to hurt share prices. Any non-compensated alerts are purely for the purpose of expanding our database for the benefit of our future financially compensated investor relations efforts. Frequently companies profiled in our alerts may experience a large increase in volume and share price during the course of investor relations marketing, which may end as soon as the investor relations marketing ceases. The investor relations marketing may be as brief as one day, after which a large decrease in volume and share price is likely to occur. Our emails may contain forward looking statements, which are not guaranteed to materialize due to a variety of factors. We do not guarantee the timeliness, accuracy, or completeness of the information on our site or in our newsletters. The information in our email newsletters and on our website is believed to be accurate and correct, but has not been independently verified and is not guaranteed to be correct. The information is collected from public sources, such as the profiled company’s website and press releases, but is not researched or verified in any way whatsoever to ensure the publicly available information is correct. Furthermore, PTE often employs independent contractor writers who may make errors when researching information and preparing these communications regarding profiled companies. Independent writers’ works are double-checked and verified before publication, but it is certainly possible for errors or omissions to take place during editing of independent contractor writer’s communications regarding the profiled company(s). You should assume all information in all of our communications is incorrect until you personally verify the information, and again are encouraged to never invest based on the information contained in our written communications. The information in our disclaimers is subject to change at any time without notice. PTE Team 9 Downing street Newark NJ 07105 USA [Unsubscribe]( | [Change Subscriber Options](