Business

Bed Bath & Beyond will get Nasdaq delisting warning, inventory tumbles 7%


Bed Bath & Beyond Inc. has acquired a warning that it’s not in compliance for continued Nasdaq itemizing as a result of the corporate has not but filed its Form 10-Q quarterly report with the Securities and Exchange Commission.

In an SEC submitting Thursday, the troubled home-goods retailer mentioned it had acquired the Nasdaq discover on Jan. 12. The discover has no fast impact on the itemizing or buying and selling of Bed Bath & Beyond’s
BBBY,
-4.45%


widespread inventory on the Nasdaq
COMP,
+0.64%,
the submitting mentioned. “The Notice states that the Company has 60 calendar days from the date of the Notice, or March 13, 2023, to submit a plan to regain compliance with the Listing Rule,” Bed Bath & Beyond mentioned within the submitting.

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