Bed Bath & Beyond reported Q1 2026 revenue of $248 million, up 6.9% YoY and beating the $240.16 million estimate.
Net loss narrowed to $0.24 per share versus consensus $0.33, while adjusted EBITDA improved to –$8 million from –$13 million.
Gross profit was $59 million (23.9% of revenue); tech and G&A expenses fell to $36 million, a $5 million reduction YoY.
Shares jumped 18% after results; company announced plans to acquire The Container Store, Elfa and Closet Works under its Everything Home strategy.