Bed Bath & Beyond Still on the Mend

The bad weather that hurt Bed Bath & Beyond during the fourth quarter may have abated, but the company’s sales still grew at a slower than expected pace during the first quarter and caused profits to come in toward the low end of expectations. The company said sales for its first quarter ended May 31 increased 1.7 percent to $2.657 billion but same store sales grew 0.4 percent, well below the 1 percent to 2.5 percent estimate the company had provided back in April when it reported