Bed Bath & Beyond Inc. (Nasdaq:BBBY) provided preliminary information on its fiscal fourth quarter, including the impact of adverse weather conditions during the period. The Company’s fourth quarter comprises the fiscal months of December, January and February and ended on March 1, 2014. The impact of the disruptive weather included 464 times a store was closed for a full day and 1,923 times that a store was closed for a partial day. For the fiscal quarter, the estimated resulting impact due to the disruptive weather on comparable store sales was in the range of 2.0% to 2.5%. The estimated impact on net earnings per diluted share for the quarter was approximately $.06 to $.07. Bed Bath & Beyond Inc. (NASDAQ:BBBY) stock opened at $68.56 in last session, and closed at $69.16, while the day range of BBBY stock is $68.52-$69.68.The stock showed a positive weekly performance of 1.98%.
Haverty Furniture Cos. (NYSE:HVT) was downgraded by Zacks from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday, Analyst Ratings Network reports. Haverty Furniture Companies, Inc. (NYSE:HVT) stock opened at $30.04, in last session and closed at $29.60, by loosed 0.77%.The 52 week range was $18.06-$31.67.Company’s market capitalization is $666.39 million.
KeyBanc upgraded Kirkland’s (NASDAQ: KIRK) from Hold to Buy with a price target of $24.00. Analyst Bradley B. Thomas thinks a recent sell-off is a good buying opportunity. Kirkland’s, Inc. (NASDAQ:KIRK) stock gained 0.05% and finished the last session at $19.23. The EPS of the stock remained 0.89.Company’s market capitalization is $332.62 million.
Williams-Sonoma, Inc. (NYSE:WSM) announced that it will release its fourth quarter and fiscal year 2013 results and financial guidance for fiscal year 2014 on Wednesday, March 12, 2014, after the market close. Following the release via the wire services, the Company will host a conference call beginning at 5:00 PM Eastern Time, which can be accessed athttp://www.williams-sonomainc.com/webcast. Williams-Sonoma, Inc. (NYSE:WSM) stock opened the session at $59.04, and closed the session at $59.67. The 52 week range of the WSM stock remained $44.31-$61.56 and the day range was $58.77-$59.70.