Sunday, January 8, 2023
HomeInvestmentMattress Tub & Past appears to be like drained, Barron's says

Mattress Tub & Past appears to be like drained, Barron’s says


No quantity of activist cage-rattling seems to have been sufficient to save lots of embattled Mattress Tub & Past, Carleton English writes on this week’s version of Barron’s. On Thursday, Mattress Tub & Past preannounced disappointing fiscal-third-quarter outcomes. Even worse, regardless of a yearslong efforts to show issues round, the home-goods retailer stated there’s “substantial doubt” it may possibly proceed as a going concern, primarily based on present money and liquidity projections. Reference Hyperlink

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