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July 13, 2020, 7:45 a.m. EDT

Bed Bath & Beyond appoints Williams-Sonoma vet to lead private label team

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By Tonya Garcia

Bed Bath & Beyond Inc. /zigman2/quotes/209801102/composite BBBY +2.72% announced Monday that it has appointed Neil Lick to the senior vice president of owned brands role, leading a new team that will start launching private labels in 2021 for the home retailer. Lick previously spent 22 years with Williams-Sonoma Inc. /zigman2/quotes/202067350/composite WSM +4.52% where he held a number of roles, including head of corporate social responsibility. Analysts are optimistic about the opportunities available for Bed Bath & Beyond moving forward, despite the company's most recent earnings miss. Bed Bath & Beyond stock rose 2.3% in Monday premarket trading, but has slumped 52.6% for the year to date. The S&P 500 index /zigman2/quotes/210599714/realtime SPX +0.56% is down 1.4% for 2020 so far.

/zigman2/quotes/209801102/composite
US : U.S.: Nasdaq
$ 20.79
+0.55 +2.72%
Volume: 9.51M
Nov. 23, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$2.55 billion
Rev. per Employee
$191,341
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/zigman2/quotes/202067350/composite
US : U.S.: NYSE
$ 112.58
+4.87 +4.52%
Volume: 2.13M
Nov. 23, 2020 7:00p
P/E Ratio
16.57
Dividend Yield
1.88%
Market Cap
$8.26 billion
Rev. per Employee
$218,445
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/zigman2/quotes/210599714/realtime
US : S&P US
3,577.59
+20.05 +0.56%
Volume: 2.51B
Nov. 23, 2020 5:02p
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