earnings
confidence high
sentiment negative
materiality 0.75
Beyond Q4 net loss $81M, revenue down 21% YoY; adjusted EBITDA loss improves 43%
BED BATH & BEYOND, INC.
2024-FY EPS reported
-$5.56
revenue$1,394,964,000
- Q4 net revenue $303M (-21% YoY); net loss $81M ($1.66 diluted loss per share).
- Adjusted EBITDA loss $28M (9.2% of revenue), a 43% improvement YoY; gross margin expanded 380 bps to 23.0%.
- FY2024 net revenue $1.4B (-10.6% YoY); net loss $259M; adjusted EBITDA loss $144M.
- Cash and restricted cash $186M at Q4 end; management cites discipline on margins and costs.
- Management highlights Overstock, Bed Bath & Beyond, BuyBuyBaby and Kirkland's Home stake as path to profitability.