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.
Mark Reeth has no position in any stocks mentioned. Sean O'Reilly has no position in any stocks mentioned. The Motley Fool recommends Bed Bath & Beyond. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.