Bed Bath & Beyond Inc. Beats Consensus Estimates, Shares RiseOn June 24, Bed Bath & Beyond, Inc. (BBBY) released earnings results for the first quarter ended May 30, 2009.The company performed above expectations. It reported a net income of $87.2 million or $0.34 per share, compared to $76.8 million or $0.30 per share the same quarter a year ago, thus beating the consensus EPS estimate by 9 cents. The company has beaten consensus estimates in each of the last three quarters.Net sales rose by 2.8% to $1.69 billion, up from $1.65 billion, which again was slightly above the consensus estimate of $1.68 billion. However, same-store sales declined by a less-than-expected 1.6%. Same-store sales have declined in five of the past six quarters, after having risen every quarter since the company went public ...