Bed Bath & Beyond reported Q1 2026 net loss of $0.24 per share, beating consensus of $0.33.
Revenue rose 6.9% YoY to $248 million, exceeding the $240.16 million estimate and marking first growth in 19 quarters.
Adjusted EBITDA improved to a loss of $8 million from $13 million a year earlier, while gross profit margin hit 23.9%.
Shares jumped 18% after the results, and the firm announced plans to acquire The Container Store, Elfa and Closet Works.