Bed Bath & Beyond (Nasdaq: BBBY) reported earnings on June 26. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 1 (Q1), Bed Bath & Beyond met expectations on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue increased significantly. Non-GAAP earnings per share grew. GAAP earnings per share grew.

Margins shrank across the board.

Revenue details
Bed Bath & Beyond reported revenue of $2.61 billion. The 23 analysts polled by S&P Capital IQ anticipated a top line of $2.60 billion on the same basis. GAAP reported sales were 18% higher than the prior-year quarter's $2.22 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.92. The 25 earnings estimates compiled by S&P Capital IQ predicted $0.93 per share. Non-GAAP EPS of $0.92 for Q1 were 3.4% higher than the prior-year quarter's $0.89 per share. GAAP EPS of $0.93 for Q1 were 4.5% higher than the prior-year quarter's $0.89 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 39.5%, 50 basis points worse than the prior-year quarter. Operating margin was 12.4%, 170 basis points worse than the prior-year quarter. Net margin was 7.8%, 150 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $2.81 billion. On the bottom line, the average EPS estimate is $1.14.

Next year's average estimate for revenue is $11.64 billion. The average EPS estimate is $4.98.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 1,120 members out of 1,328 rating the stock outperform, and 208 members rating it underperform. Among 484 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 446 give Bed Bath & Beyond a green thumbs-up, and 38 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Bed Bath & Beyond is outperform, with an average price target of $72.26.

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