Bed Bath & Beyond posts same-store sales gain for the first time since 2016 thanks to e-commerce gains
KEY POINTS
Bed Bath & Beyond reported its first same-store sales increase in nearly four years, as its online business surged more than 80% during the quarter.
The report sent its share price skyrocketing.
"When home is everything, we're really poised to be the epicenter of that," CEO Mark Tritton told CNBC.
Earlier this week, the retailer announced its nationwide rollout of same-day delivery.