Bed Bath & Beyond (NASDAQ: BBBY ) recently sold $1.5 billion in bonds to fund share repurchases. The company had little debt before this, so its willingness to take it on and then engage in a buyback is interesting, and certainly something that Bed Bath & Beyond investors should be aware of.
In this segment of The Motley Fool's Where the Money Is, consumer-goods editor Mark Reeth and analyst Sean O'Reilly discuss where Bed Bath & Beyond fits into the home-goods landscape, whether the company is undervalued, and why its taking on debt is a big step for the business.
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