Bed Bath & Beyond Q2 Sales Rise

Second quarter sales at Bed Bath & Beyond rose, but the retailer also reported a slight drop in net earnings for the period ending August 30.

According to the company, revenue for the quarter was approximately $2.945 billion, an increase of approximately 4.3% from net sales of approximately $2.824 billion reported in the fiscal second quarter of 2013. Comparable store sales in the second quarter were up 3.4% compared with an increase of approximately 3.7% in the same quarter the year prior. 

Net earnings were $224 million versus net earnings of $249.3 million for its fiscal second quarter of 2013.

During the fiscal second quarter, the company opened two Bed Bath & Beyond stores, one buybuy Baby store and three Cost Plus World Market stores.