Bed Bath & Beyond has a Good Chance of Stabilization

Bed Bath & Beyond shares have been climbing as of recently, after Wedbush’s Seth Basham upgrade BBBY to outperform from neutral. Seth Besham goes into further detail that turning around declining retailers  is difficult but with much improved governance, restructuring, and inventory reduction, he thinks the company has a good chance of stabilizing over the next two years.

For more on Seth Basham’s comments: Bed Bath & Beyond Rises on Wedbush Upgrade