Bed Bath & Beyond completes TBHC acquisition; target reports $45.9M net loss, $395.8M revenue

BED BATH & BEYOND, INC.

Acquisition of The Brand House Collective (formerly Kirkland's) closed April 2, 2026; financial statements now filed.
TBHC net sales of $395.8M for 52 weeks ended Jan 31, 2026, down 10% from $441.4M prior year.
Net loss widened to $45.9M from $23.1M; operating loss of $39.7M vs $14.0M.
Gross profit fell 30% to $85.1M; shareholders' deficit of $53.9M as of Jan 31, 2026.
TBHC operated 273 stores in 35 states; Jackson distribution center tornado in May 2025 caused $2.0M in expenses.

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