secwatch.observer — SEC 8-K summary
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Issuer:     BED BATH & BEYOND, INC. (BBBY)
CIK:        0001130713
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0001130713-23-000078
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Overstock Q3 revenue $373M (-19% YoY), net loss $63M; Bed Bath & Beyond relaunch drives customer growth
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- Net revenue $373M (-19% YoY), gross margin 18.7%; operating loss $41M.
- Net loss $63M ($1.39 GAAP EPS); adjusted EPS -$0.61, adjusted EBITDA -$24M.
- Active customers 4.9M (-15% YoY) but grew sequentially for first time in 2+ years.
- Orders delivered 1.9M (+3% YoY) — first positive YoY growth in 2+ years.
- Brand acquisition total investment ~$175M (~$25M to estate + ~$150M launch costs).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1130713/000113071323000078/0001130713-23-000078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1130713/000113071323000078/ostk-20231026.htm
  HTML page:      https://secwatch.observer/filing/0001130713-23-000078

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