Bed Bath & Beyond Inc
Net income for the fiscal first quarter ended on May 30 rose to $87.17 million, or 34 cents per share, from $76.78 million, or 30 cents per share, a year earlier.
Analysts on average were expecting earnings of 25 cents per share, according to Reuters Estimates.
Sales rose 2.8 percent to $1.69 billion, but sales at stores open at least a year, a key retail measure known as same-store sales, fell 1.6 percent.
Bed Bath & Beyond and peers like Pier 1 Imports Inc
Shares rose to $30.07 in late trading, up from a close on the Nasdaq of $28.39.
(Reporting by Nicole Maestri; Editing by Gary Hill)