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Westport Asset Management Comments on Bed Bath and Beyond

April 16, 2014 | About:

Bed Bath and Beyond, Inc. (BBBY) was added to the portfolio during the quarter in response to a significant reduction in its stock price when it reported third quarter fiscal 2014 results and gave a disappointing outlook for the remainder of the fiscal year. Nonetheless, this premier provider of domestic merchandise and household furnishings remains a market leader and continues to improve its multi-channel sales (an expansion of internet marketing capabilities).

From Westport Funds First Quarter 2014 investor letter.


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