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Fly News Breaks for April 7, 2016
BBBY
Apr 7, 2016 | 09:14 EDT
BB&T says that Bed Bath & Beyond "had to buy sales growth" in Q4, as its revenue beat expectations but its operating margin declined and came in below expectations, according to the firm. Moreover, BB&T says that the company's EPS only increased because of its "aggressive share repurchases." BB&T adds that "better than expected results" are "not the same as good." It keeps an Underweight rating on the shares.
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