---
schema_version: "secwatch.filing_event.v1"
accession: "0001130713-23-000009"
form_type: "8-K"
ticker: "BBBY"
cik: "0001130713"
company_name: "BED BATH & BEYOND, INC."
filed_at: "2023-02-22T23:59:59+00:00"
generated_at: "2026-06-19T04:12:21.475271+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Overstock Q4 revenue down 34% YoY to $405M; full-year net loss $35M

## Summary
- Q4 net revenue $405M (-34% YoY); gross margin 22.1%; operating loss $3M.
- Q4 net loss $16M ($0.34 diluted loss per share); adjusted diluted loss $0.04.
- Full-year 2022 net revenue $1.9B (-30% YoY); adjusted EBITDA $63M (3.3% of revenue).
- Active customers 5.2M (-36% YoY); average order value $215 (+4% YoY).
- Repurchased $20M of stock in Q4 at avg $24.76/share; $19.9M remaining under program.

## SEC filing metadata
- accession: 0001130713-23-000009
- form_type: 8-K
- ticker: BBBY
- cik: 0001130713
- company_name: BED BATH & BEYOND, INC.
- filed_at: 2023-02-22T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1130713/000113071323000009/0001130713-23-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1130713/000113071323000009/ostk-20230222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001130713-23-000009
- JSON: https://secwatch.observer/filing/0001130713-23-000009.json
- Plain text: https://secwatch.observer/filing/0001130713-23-000009.txt

## Key facts
- Earnings Releases
  BED BATH & BEYOND, INC. reported Fourth Quarter 2022 results: revenue $405 million, net income $16 million, EPS $0.34.
  - Period: Fourth Quarter 2022
  - Revenue: $405 million
  - Net income: $16 million
  - EPS: $0.34
  - Result: reported results
  source text: Total net revenue was $405 million, a decrease of 34% year over year • Gross profit of $90 million, or 22.1% of total net revenue • Operating loss of $3 million • Net loss of $16 million • Diluted net loss per share of $0.34
  evidence_url: https://www.sec.gov/Archives/edgar/data/1130713/000113071323000009/0001130713-23-000009-index.htm
- Earnings Releases
  BED BATH & BEYOND, INC. reported Full Year 2022 results: revenue $1.9 billion, net income $35 million, EPS $0.83.
  - Period: Full Year 2022
  - Revenue: $1.9 billion
  - Net income: $35 million
  - EPS: $0.83
  - Result: reported results
  source text: Total net revenue of $1.9 billion, a decrease of 30% year over year • Gross profit of $443 million or 23.0% of total net revenue • Operating income of $27 million • Net loss of $35 million • Diluted net loss per share of $0.83
  evidence_url: https://www.sec.gov/Archives/edgar/data/1130713/000113071323000009/0001130713-23-000009-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.