Bed Bath & Beyond Inc said it was exploring options including a bankruptcy filing to address the U.S. home goods retailer's plunging sales, dwindling cash and debt load, sending its shares tumbling.The retailer in a regulatory filing on Thursday said there was substantial doubt about its ability to continue as a going concern, adding that it was exploring strategic alternatives including restructuring or refinancing debt or seeking bankruptcy protection.Bed Bath & Beyond said it expects to report a third-quarter loss of $385.5 million after sales plunged 33 percent.
Load More
Load More