Bed Bath & Beyond climbs after Q1 results

Shares Bed Bath & Beyond rose after the home decor chain said 1st-Q results topped forecasts. Its stock rose $2.68, or 9.4%, to $31.07 in late trading after rising to $31.48 early in the session. "The much better-than-expected Q1 results Bed Bath & Beyond reported demonstrate its successfully navigating a still very challenging environment in home accessory retail & increasingly capitalizing on the demise of Linens 'N Things," Oppenheimer analyst Brian Nagel wrote The Union, NJ-based retailer said 1st-Q profit rose 14% as sales rose after liquidation of one of its closest competitors. For the 3 months ending May 30, the chain earned $87.2M, or 34