Thursday's Late Winners & Losers

Amidst a generally mixed after-hours session on Thursday, Bed Bath & Beyond (BBBY Quote) shares drowned following some off-putting next-quarter guidance.

Shares of the home-furnishing retailer were sliding 6.1% after it estimated that flat same-store sales will yield fourth-quarter earnings of between 64 cents and 67 cents a share -- at least 11 cents shy of Wall Street projections, according to Thomson Financial. Accordingly, that should also put a damper on full-year earnings, which are now set at $2.08 to $2.11 a share vs. the average analyst estimate of $2.20.

For the fiscal third quarter, the Union, N.J., company's results were better than expected with a profit of $138.2 million, or 52 cents a share, on revenue of $1.79 billion. Still, shares were off $1.68 to $25.72 in recent late trading.

Another retailer, Finish Line (FINL Quote), widened its continuing-operations loss more than sevenfold to 29 cents a share, in large part due to its bottom-line scarring merger agreement with footwear rival Genesco (GCO Quote).

Finish Line agreed to buy the company in June before Genesco's apparently worsening financial health had both Finish Line and its financial backer, UBS, mulling a pullout. But Genesco sued to force completion of the deal and got a favorable ruling just last week. The whole ordeal has cost Finish Line 12 cents a share, without which its loss would have come to 17 cents a share -- still 2 cents more than expected.