Beyond Q4 net loss $161M; revenue down 5% YoY; active customers up 9%

BED BATH & BEYOND, INC.

2023-FY EPS reported -$6.81 revenue$1,561,122,000

Q4 net revenue $384M (-5% YoY); gross profit $60M (15.6% margin); operating loss $65M.
Diluted net loss per share $3.55; adjusted diluted net loss per share $1.22; Adjusted EBITDA -$49M.
Active customers 5.6M (+9% YoY), first year-over-year growth in three years.
Annualized cost reduction target raised to $45M from $25M; company targets $2B revenue in 2024.
Cash and equivalents $303M at year-end.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

BED BATH & BEYOND, INC. reported financial results for the quarter and full year ended December 31, 2023.

Period: the quarter and full year ended December 31, 2023
Result: reported results

Exact text from the filing

On February 20, 2024, Beyond, Inc. (the “Company”) issued a press release announcing the Company’s financial results for the three and twelve months ended December 31, 2023.

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51 earnings releases filed in the last 30 days. Browse all earnings releases →

BED BATH & BEYOND, INC. filing history →

Source: SEC EDGAR

accession 0001130713-24-000008

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