American retail giant Bed Bath & Beyond has announced that it has fallen into the red for the seventh consecutive quarter in the three months ended last November.
Amid concerns about an economic slowdown, the deterioration of management is becoming serious, and the company is considering all options, including filing for bankruptcy, to restructure its management.
Bed, Bath and Beyond, a major retailer that develops household goods chains mainly in the United States, announced its financial results for the three months to November 26 last year on the 10th.
According to it, sales were 1,259.11 million dollars, which was 33% less than the same period of the previous year due to the decrease in the number of visitors, and the Japanese yen was more than 160 billion yen, and the final profit and loss was 392.96 million dollars. , was a deficit of more than 51.8 billion yen in Japanese yen.
The final deficit for 3 months was 7 years in a row, and the deterioration of management has become serious. I plan to.
In the United States, interest rates continue to rise sharply to curb record inflation, and there are concerns about an economic slowdown, and the company is considering all options, including filing for federal bankruptcy, to restructure its management.