Wall Street expects 3B Furniture to have revenue of US$2.06 ...

Wall Street expects 3B Furniture to have revenue of US$2.06 billion and earnings per share of US$0.52. In comparison, revenue in the fourth quarter of last year was $2.69 billion, and earnings per share were $0.50.

$BBBY.US$ What to watch: Can 3B Furniture surpass the theme of this terrifying stock? Although the company's stock price has risen by 32% so far this year, it has fallen by 22% in the past six months, lagging behind the 13.77% increase of the Standard & Poor's 500 index. As the meme mania fades, these gains seem to have faded. Now, under the leadership of the new leadership, 3B Furniture has shown some signs of accelerated transformation. Management raised the midpoint of its full-year revenue guidance by US$200 million, and also raised the midpoint of its adjusted earnings per share guidance to US$1.5. This shows the company's confidence in many initiatives, including closing the worst-performing stores. The question is, can the company continue to maintain stable profitability and transform its business from a strict physical store to a digital powerhouse? Revenues are US$2.06 billion and earnings per share are US$0.52. In comparison, revenue in the fourth quarter of last year was $2.69 billion, and earnings per share were $0.50.

Article excerpted from the US Stock Research Agency