We are lowering our full-year 2022 revenue guidance to $275 million. Our revised guidance is based on engagement marketing as a percentage of revenue of approximately 42% and implies our RAEM will be $160 million for full-year 2022. Based on the revised revenue and RAEM guidance, we expect to achieve a full year 2022 Adjusted EBITDA margin of approximately -56%.
Bed Bath & Beyond’s Bankruptcy In The Coming Weeks ‘Far More Likely’: Analyst
Wedbush analyst Seth Basham reiterated an Underperform rating on the shares of Bed Bath & Beyond Inc (NASDAQ: BBBY) and lowered the price target from $5 to $1.
