Beyond Q1 net loss narrows 46% YoY; revenue down 39% on SKU rationalization

BED BATH & BEYOND, INC.

2025-Q1 EPS reported -$0.74 revenue$231,748,000

Net revenue $232M, down 39.4% YoY; gross margin improved 560 bps to 25.1%.
Net loss of $40M (diluted EPS -$0.74); adjusted diluted EPS -$0.42.
Adjusted EBITDA -$13M, a $35M improvement YoY; cash & inventory $166M.
Company says it is within 60 days of transitioning from restructuring to revenue growth phase.

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