---
schema_version: "secwatch.filing_event.v1"
accession: "0001130713-23-000029"
form_type: "8-K"
ticker: "BBBY"
cik: "0001130713"
company_name: "BED BATH & BEYOND, INC."
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T08:12:10.487260+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Overstock Q1 revenue $381M (-29% YoY); net loss $10M; adj. EBITDA positive

## Summary
- Total net revenue $381M, down 29% YoY; gross profit $90M (23.5% margin).
- Net loss $10M; diluted EPS loss $0.23; adjusted diluted EPS loss $0.10.
- Adjusted EBITDA $3M (0.9% of revenue), 12th consecutive quarter positive.
- Active customers 4.8M, down 35% YoY; orders delivered 1.7M, down 29%.
- Cash and equivalents $375M; CEO notes improving revenue trend late in Q1.

## SEC filing metadata
- accession: 0001130713-23-000029
- form_type: 8-K
- ticker: BBBY
- cik: 0001130713
- company_name: BED BATH & BEYOND, INC.
- filed_at: 2023-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1130713/000113071323000029/0001130713-23-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1130713/000113071323000029/ostk-20230427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001130713-23-000029
- JSON: https://secwatch.observer/filing/0001130713-23-000029.json
- Plain text: https://secwatch.observer/filing/0001130713-23-000029.txt

## Key facts
- Earnings Releases
  BED BATH & BEYOND, INC. reported quarter ended March 31, 2023 results: revenue $381 million, net income $10 million, EPS $0.23.
  - Period: quarter ended March 31, 2023
  - Revenue: $381 million
  - Net income: $10 million
  - EPS: $0.23
  - Result: reported results
  source text: First Quarter 2023 Financial Highlights • Total net revenue was $381 million, a decrease of 29% year over year • Gross profit of $90 million, or 23.5% of total net revenue • Net loss of $10 million • Diluted net loss per share of $0.23; Adjusted diluted net loss per share (non-GAAP) of $0.10
  evidence_url: https://www.sec.gov/Archives/edgar/data/1130713/000113071323000029/0001130713-23-000029-index.htm

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