BED BATH & BEYOND, INC. shareholders approved Say on Pay Vote at the 2023-05-18 meeting.
“Proposal 3 – Say on Pay Vote The Board’s proposal for stockholders to support the compensation paid by the Company to its Named Executive Officers (the “Say on Pay Vote”) was approved by the stockholders by the following non-binding advisory vote: For Against Abstain Broker Non-Votes 23,000,054 1,521,742 59,437 9,164,596”
Shareholder Votes
BED BATH & BEYOND, INC. shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2023-05-18 meeting.
“Proposal 2 - Ratification of Appointment of Independent Registered Public Accounting Firm The proposal to ratify the Audit Committee’s appointment of KPMG LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023 was approved by the stockholders by the following vote: For Against Abstain Broker Non-Votes 32,490,927 1,132,680 122,222 0”
Shareholder Votes
BED BATH & BEYOND, INC. shareholders approved Election of Class III Directors at the 2023-05-18 meeting.
“Election of Directors The individuals named below were elected at the Annual Meeting as Class III members of the Board of Directors, to serve for a term of three years ending in 2026, by the following vote: Name For Withheld Broker Non-Votes Allison H. Abraham 22,569,847 2,011,386 9,164,596 William B. Nettles, Jr. 24,005,360 575,873 9,164,596”
Earnings Releases
BED BATH & BEYOND, INC. reported quarter ended March 31, 2023 results: revenue $381 million, net income $10 million, EPS $0.23.
“First Quarter 2023 Financial Highlights • Total net revenue was $381 million, a decrease of 29% year over year • Gross profit of $90 million, or 23.5% of total net revenue • Net loss of $10 million • Diluted net loss per share of $0.23; Adjusted diluted net loss per share (non-GAAP) of $0.10”
Joanna C. Burkey was appointed as Class I member of the Board at BED BATH & BEYOND, INC..
“On March 1, 2023, the Board of Directors (the “Board”) of Overstock.com, Inc. (“Overstock”) appointed Joanna C. Burkey as a Class I member of the Board.”
Earnings Releases
BED BATH & BEYOND, INC. reported Full Year 2022 results: revenue $1.9 billion, net income $35 million, EPS $0.83.
“Total net revenue of $1.9 billion, a decrease of 30% year over year • Gross profit of $443 million or 23.0% of total net revenue • Operating income of $27 million • Net loss of $35 million • Diluted net loss per share of $0.83”
Earnings Releases
BED BATH & BEYOND, INC. reported Fourth Quarter 2022 results: revenue $405 million, net income $16 million, EPS $0.34.
“Total net revenue was $405 million, a decrease of 34% year over year • Gross profit of $90 million, or 22.1% of total net revenue • Operating loss of $3 million • Net loss of $16 million • Diluted net loss per share of $0.34”
Earnings Releases
BED BATH & BEYOND, INC. reported three and nine months ended September 30, 2022 results: revenue Total net revenue of $460 million, EPS Diluted net loss per share of $0.81.
“today reported financial results for the quarter ended September 30, 2022. Third Quarter 2022 Financial Highlights, from continuing operations • Total net revenue of $460 million, a decrease of 33% year over year • Gross profit of $107 million, or 23.3% of total net revenue • Loss from continuing operations of $37 million • Operating income of $6 million”
Meghan Tuohig changed role as Chief People Officer at BED BATH & BEYOND, INC..
“On June 20, 2022, Meghan Tuohig announced that she will step down from her position as Chief People Officer of Overstock.com, Inc. (the “Company”) by July 29, 2022, and will move to a different position as an employee of the Company.”
Shareholder Votes
BED BATH & BEYOND, INC. shareholders approved Approval of one or more adjournments of the Annual Meeting to solicit additional proxies if necessary at the 2022-05-12 meeting.
“The proposal to approve one or more adjournments of the Annual Meeting, if necessary or appropriate, to solicit additional proxies if there are insufficient votes at the time of the Annual Meeting to approve either the Series A-1 Preferred Proposal or the Series B Preferred Proposal, was approved by the stockholders by the following vote:”
Shareholder Votes
BED BATH & BEYOND, INC. shareholders approved Amendment to Amended and Restated Certificate of Designation of Series B Preferred Stock to make it automatically convert into common stock at the 2022-05-12 meeting.
“The proposal to approve an amendment to the Amended and Restated Certificate of Designation of our Series B Preferred Stock to make Series B Preferred Stock automatically convert into common stock, was approved by the stockholders by the following vote:”
Shareholder Votes
BED BATH & BEYOND, INC. shareholders approved Amendment to Amended and Restated Certificate of Designation of Series A-1 Preferred Stock to make it automatically convert into common stock at the 2022-05-12 meeting.
“The proposal to approve an amendment to the Amended and Restated Certificate of Designation of our Series A-1 Preferred Stock to make Series A-1 Preferred Stock automatically convert into common stock, was approved by the stockholders by the following vote:”
Shareholder Votes
BED BATH & BEYOND, INC. shareholders approved Ratification of appointment of KPMG LLP as independent registered public accounting firm for 2022 at the 2022-05-12 meeting.
“The proposal to ratify the Audit Committee’s appointment of KPMG LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2022 was approved by the stockholders by the following vote:”
Shareholder Votes
BED BATH & BEYOND, INC. shareholders approved Election of three Class II directors at the 2022-05-12 meeting.
“The individuals named below were elected at the Annual Meeting as Class II members of the Board of Directors, to serve for a term of three years ending in 2025, by the following vote:”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.