Bed Bath & Beyond Inc. (NASDAQ:BBBY) Q3 2016 Earnings Conference Call - Final Transcript

Dec 21, 2016 • 05:00 pm ET


Bed Bath & Beyond Inc. (NASDAQ:BBBY) Q3 2016 Earnings Conference Call - Final Transcript


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Steven Temares

be part of this growing and diverse neighborhood. We believe that this venue, including the revised format of our stores, along with the enhanced services we offer, will become a retail destination for customers to have a fun and productive shopping experience. We hope many of you will be able to visit Beyond at Liberty activity view and give us your feedback.

In summary, it continues to be a transitional time for retail, and new advances in technology are creating opportunities for our customers to shop in a more seamless environment and for us to do more for and with our customers and connect with them in a more personalized manner. As our business transforms, we are navigating the competitive landscape and adapting as customer preferences and purchasing behavior evolve. We believe that we are making the right investments for our company's long-term success and are well positioned to deliver for our customers and our shareholders.

In closing, I would like to thank our dedicated associates, including our new team members from PMall, for their ongoing efforts to satisfy our customers and improve our competitive position in the categories in which we do business. I wish you all a healthy and happy holiday season and New Year.

Janet, I will turn the call back over to you.

Janet Barth

We'll now turn to the Q&A portion of our call. As usual, we would appreciate if you would limit yourself to one question and one follow-up, please, so that we can get through as many questions as possible.

Adrian, we are now ready to take questions.