secwatch.observer — SEC 8-K summary
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Issuer:     BED BATH & BEYOND, INC. (BBBY)
CIK:        0001130713
Form:       8-K
Filed at:   2023-04-27T23:59:59+00:00
Accession:  0001130713-23-000029
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1130713/000113071323000029/0001130713-23-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1130713/000113071323000029/ostk-20230427.htm
  HTML page:      https://secwatch.observer/filing/0001130713-23-000029

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer