secwatch.observer — SEC 8-K summary
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Issuer:     BED BATH & BEYOND, INC. (BBBY)
CIK:        0001130713
Form:       8-K
Filed at:   2024-10-24T23:59:59+00:00
Accession:  0001130713-24-000072
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Beyond Q3 revenue $311M (-16.6% YoY), net loss $61M, adjusted EBITDA -$32M
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- Diluted EPS -$1.33; adjusted diluted EPS -$0.96; orders delivered down 19% YoY to 1.6M.
- Active customers up 21% YoY to 6.0M; gross margin 21.2%.
- HQ sale expected Q4 2024; $20M annualized staff reduction, $65M fixed expense reduction by 2025.
- Partnerships announced with The Container Store and Kirkland's Home as part of affinity model.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1130713/000113071324000072/0001130713-24-000072-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1130713/000113071324000072/byon-20241024.htm
  HTML page:      https://secwatch.observer/filing/0001130713-24-000072

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