 Re: Filed for bankruptcy UPDATE
Originally Posted by kajehas  Bed, Bath & Beyond made $562 million dollars in their last fiscal year, which ended in March 2008. They have over $200 million in cash. Their current ratio is 2:1, which is considered good (this means their short term assets are twice as much as their short term liabilities.)
They have no long term debt.
I don't think they are a candidate for bankruptcy.
I am holding on to my BBB gift cards until I hit a hot deal. |
You're right - they're not going to file. One of their primary recruiting positions is their debt-free status. It's a very strong company. |