Summary of BBBY's financial planning
Getting more cash
Secured more than $500 million of new financing commitments.
Selling 12 million shares of common stock at the market.
Secured more than $500 million of new financing commitments.
Selling 12 million shares of common stock at the market.
Cost reduction
Reduce $250 million of cost for Selling, General and Administrative Expenses.
Reduce $150 million in Capital Expenses.
Close down 150 poor performing $Bed Bath & Beyond Inc(BBBY.US$ stores.
Reduce $250 million of cost for Selling, General and Administrative Expenses.
Reduce $150 million in Capital Expenses.
Close down 150 poor performing $Bed Bath & Beyond Inc(BBBY.US$ stores.
Increasing revenue
Stock up on what people want want to buy, and their favourite National brand.
Cut down 1/3 of own brand product.
Growing buybuy Baby as a category champion using a solution platform for parents from pre-natal to pre-school.
Stock up on what people want want to buy, and their favourite National brand.
Cut down 1/3 of own brand product.
Growing buybuy Baby as a category champion using a solution platform for parents from pre-natal to pre-school.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Moo Contributor
crawled out of poverty, working towards FIRE!! (financial independence, retired early)
14KFollowers
104Following
16KVisitors
Follow
razo2 : maybe they will last another Q max. and hegies will delay this for another Q.
doctorpot1OP razo2: might even last 1 more year as the last Q they burned 300m of cash. now they raise 500m, going to sell 120m in shares, reduce cost by 400m, and closing 150 store which reduce lots of cash burn. in cash that is 1b already.
razo2 : yeah that is assuming they can complete all those. I will still keep an eye on this.
razo2 : we need to remember the recession is around the corner also. this might not be in their favor. BBB still is immune to recession somewhat. we need to keep close eye on BBB
doctorpot1OP razo2: So long they are still surviving, I can continue to milk volatility
