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.

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