Bed Bath & Beyond Stock Is Cratering Because the Delta Variant and Supply Chain Woes Crushed Its Earnings

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Bed Bath & Beyond stock is tumbling after it reported earnings that fell well short of analyst expectations and cut its guidance.

Bed Bath & Beyond (ticker: BBBY) reported an adjusted profit of four cents a share, missing forecasts for 52 cents a share, on sales of $1.99 billion, below forecasts for $2.06 billion.

Bed Bath & Beyond also said…