Wednesday, April 08, 2009

Bed Bath & Beyond Skimpy Disclosure

Bed Bath & Beyond (BBBY) issued Q4 and year end numbers. Given the approximate 20% increase in share price the market must be pleasantly surprised. So when you read the press release why is there no explanation of what is going on? They throw in the financials and a few words of financial elevator analysis. This was up that was down and that's it. Given today's difficult retail environment the management team needs to open up the kimono and explain why everything looks so damn good.