Bed Bath & Beyond Q1 revenue up 6.9% YoY, first growth in 19 quarters; net loss improves $24M

BED BATH & BEYOND, INC.

2026-Q1 EPS reported -$0.24 revenue$247,755,000

Net revenue $248M (+6.9% YoY; ex-Canada +9.4%); gross margin 23.9%.
Net loss $16M, improved $24M YoY; adjusted EBITDA ($8M), improved $5M YoY.
Sales & marketing 13.0% of revenue, down 50bps; tech & G&A $36M vs $41M YoY.
Cash and restricted cash $163M; cited improved conversion, AOV, and engagement.
Recent acquisition of The Container Store, Elfa and Closet Works aligns with 'Everything Home' strategy.

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