What Drove Bed Bath & Beyond’s Revenue in Q1 2018?

BBBY’s revenue growth was driven by the addition of new stores and partially offset by a decline in its SSSG (same-store sales growth). In the last four quarters, the company has increased the store count of its buybuy BABY stores by eight units to 121, its World Market stores by three units to 279, its Christmas Tree Shops by three units to 83, and its andThat! stores by two units to 57. The company’s SSSG fell 0.6% during the quarter, with its customer-facing digital channel posting strong SSSG while the SSSG at its stores declined.