Financial Performance - Revenue for 2Q 2025 was $282 million[6], a decrease of $116 million or 29% compared to 2Q 2024[6, 10] - Gross margin for 2Q 2025 was 23.7%[6, 15], an increase of 360 bps compared to 2Q 2024[6, 15] - Adjusted EBITDA for 2Q 2025 was -$8 million[6, 26], an improvement of $28 million compared to 2Q 2024[6, 26] - G&A and Tech Expense for 2Q 2025 was $37 million[6, 23], a decrease of $9 million or 19% compared to 2Q 2024[6, 23] Customer & Order Metrics - Orders delivered (LTM) were 5.7 million[33], a decrease of 2.9 million or 33.8% compared to 2Q 2024[30, 31] - Average order value was $219[33], an increase of 7.2% compared to 2Q 2024[33] - Active customers (LTM) were 4.4 million[36], a decrease of 1.9 million or 30% compared to 2Q 2024[36] - Order frequency was 1.32[36], a decrease of 5.4% compared to 2Q 2024[36] Expense Management - The company is targeting a $150 million annual G&A and Tech Expense run rate[23, 40] - Sales & Marketing Expense was $38 million or 13.5% of revenue[17, 18], a decrease of $28 million or 320 bps compared to 2Q 2024[18]

Core Viewpoint - Beyond Inc. reported a second-quarter loss of $0.34 per share, which met analyst expectations [1] - The company achieved net revenue of $282.3 million, surpassing analyst expectations of $249.9 million [1] - Adjusted EBITDA loss for the second quarter was $8.07 million, better than the anticipated loss of $12.6 million [1] - Following the earnings report, Beyond's stock rose by 17% in after-hours trading [1] Financial Performance - Second-quarter loss per share: $0.34, in line with expectations [1] - Net revenue for the second quarter: $282.3 million, exceeding the forecast of $249.9 million [1] - Adjusted EBITDA loss: $8.07 million, compared to the expected loss of $12.6 million [1] - Stock performance: Increased by 17% in after-hours trading [1]

Financial Performance - Q2 2025 revenue reached $282 million, a 22% sequential increase from Q1 2025[1] - Year-over-year net loss narrowed by 55%, with an adjusted EBITDA loss of $8 million, improving by 78%[1] - Gross profit was $67 million, representing 23.7% of net revenue, a 360 basis points improvement year-over-year[5] - Consolidated net loss for the six months ended June 30, 2025, was $59,225, compared to a net loss of $116,506 for the same period in 2024, representing a 49.1% improvement[17] - Adjusted EBITDA for the six months ended June 30, 2025, was $(21,306), an improvement from $(84,219) in the same period of 2024[27] - Free cash flow for the six months ended June 30, 2025, was $(38,086), compared to $(118,453) for the same period in 2024, indicating a significant reduction in cash burn[28] - Net cash used in operating activities for the six months ended June 30, 2025, was $(35,092), down from $(110,502) in 2024, showing a 68.3% decrease[28] - The company reported a net cash decrease of $38,562 for the six months ended June 30, 2025, compared to a decrease of $116,407 in the same period of 2024[17] - The company raised $24,222 from the sale of common stock during the financing activities in the six months ended June 30, 2025[17] Operational Metrics - Active customers decreased to 4,356 in the three months ended June 30, 2025, down from 6,221 in the same period of 2024, indicating a decline of 30%[22] - Last twelve months (LTM) net revenue per active customer increased to $259 in Q2 2025, up from $247 in Q2 2024, reflecting a growth of 4.9%[22] - Total orders delivered in Q2 2025 were 1,289, a decrease of 33.9% from 1,949 orders delivered in Q2 2024[22] - Average order value rose to $219 in Q2 2025, compared to $204 in Q2 2024, marking a 7.4% increase[22] Cost Management - Sales and marketing expenses totaled $38 million, or 13.5% of net revenue, reflecting a 320 basis points improvement year-over-year[5] - Technology and G&A expenses decreased to $37 million from $46 million in 2024, a $9 million improvement year-over-year[5] Strategic Initiatives - The company is focused on enhancing its core e-commerce retail business and unlocking value in its blockchain asset portfolio[2] - A new small-format Bed Bath & Beyond Home store is set to open in Nashville, Tennessee, representing a scalable model for community engagement[2] - The company aims to unify its tech stack across its family of brands to enhance the digital experience for customers[2] - The GENIUS Act provides regulatory clarity and consumer protections for digital assets, which the company views as a significant opportunity[2]

Company Overview - Beyond (BYON) shares increased by 22.5% to $10.84 in the last trading session, with a notable trading volume, and have gained 47% over the past four weeks [1] - The company is benefiting from the resurgence of the Overstock.com brand, a reimagined Bed Bath & Beyond with significant SKU reduction, and the acquisition of buybuy BABY [2] Financial Performance - Beyond is expected to report a quarterly loss of $0.37 per share, reflecting a year-over-year change of +51.3%, with revenues projected at $261.38 million, down 34.3% from the previous year [3] - The consensus EPS estimate for Beyond has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [4] Industry Context - Beyond operates within the Zacks Internet - Commerce industry, where eBay (EBAY) also operates, finishing the last trading session 1.1% higher at $79.03, with a 0.7% return over the past month [4] - eBay's consensus EPS estimate for its upcoming report is $1.3, representing a +10.2% change from the previous year, and it currently holds a Zacks Rank of 2 (Buy) [5]

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Beyond (BYON) despite lower revenues, with the actual results being crucial for stock price movement [1][2]. Earnings Expectations - Beyond is expected to report a quarterly loss of $0.37 per share, reflecting a year-over-year improvement of +51.3%. Revenues are projected to be $261.38 million, down 34.3% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating that analysts have not significantly altered their outlook for the company [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model shows that Beyond has a positive Earnings ESP of +16.78%, suggesting analysts are optimistic about the company's earnings prospects [11]. Historical Performance - In the last reported quarter, Beyond was expected to post a loss of $0.67 per share but actually reported a loss of -$0.42, resulting in a surprise of +37.31%. Over the last four quarters, the company has beaten consensus EPS estimates twice [12][13]. Investment Considerations - While a potential earnings beat could positively influence the stock, other factors may also affect stock performance, making it essential to consider the broader context [14][16].

Group 1 - Beyond (BYON) is a notable stock in the Retail-Wholesale group, currently outperforming its peers with a year-to-date gain of approximately 30% compared to the sector's average gain of 1.8% [4][6] - The Zacks Rank for Beyond is 2 (Buy), indicating a positive outlook, with a 29.9% increase in the consensus estimate for full-year earnings over the past three months [3] - Beyond belongs to the Internet - Commerce industry, which has an average gain of 0.8% this year, further highlighting its strong performance within its specific industry [5] Group 2 - CHOW TAI FOOK (CJEWY) is another stock in the Retail-Wholesale sector that has shown strong performance, with a year-to-date return of 60.8% [4] - The Zacks Rank for CHOW TAI FOOK is 1 (Strong Buy), with a 20.4% increase in the consensus EPS estimate for the current year [5] - The Retail - Jewelry industry, which includes CHOW TAI FOOK, has underperformed with a decline of 18.1% since the beginning of the year, contrasting with the performance of Beyond [6]

Group 1 - The stock of Beyond (BYON) has gained 63.4% over the past four weeks, with a mean price target of $12 indicating an 80.5% upside potential from the current price of $6.65 [1] - The mean estimate consists of six short-term price targets, with the lowest at $5 (24.8% decline) and the highest at $36 (441.4% increase), highlighting a standard deviation of $12.07 which indicates variability among analysts [2] - Analysts show strong agreement on BYON's ability to report better earnings than previously predicted, which supports the view of potential upside [4][11] Group 2 - The Zacks Consensus Estimate for BYON's current year earnings has increased by 29.8% over the last 30 days, with four estimates moving higher and no negative revisions [12] - BYON holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, indicating strong potential for near-term upside [13] - While price targets can be misleading, the direction implied by the consensus price target for BYON appears to be a good guide for potential price movement [10][13]

Group 1 - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of "buying low and selling high" [1] - Fast-moving trending stocks can be risky if their valuations exceed future growth potential, leading to potential losses for investors [2] - A safer strategy involves investing in bargain stocks that exhibit recent price momentum, identified through tools like the Zacks Momentum Style Score [3] Group 2 - Beyond (BYON) has shown a significant price increase of 59% over the past four weeks, indicating strong investor interest [4] - BYON has gained 11.9% over the past 12 weeks and has a beta of 3.23, suggesting it moves 223% higher than the market [5] - The stock has a Momentum Score of B, indicating a favorable time to invest based on its momentum [6] Group 3 - BYON has received a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investors [7] - The stock is trading at a Price-to-Sales ratio of 0.31, suggesting it is undervalued at 31 cents for each dollar of sales [7] - There are additional stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8]

Group 1 - The article discusses the investment positions held by the author in BYON, TZROP, and HOOD, indicating a long position through stock ownership, options, or other derivatives [2] - The intent of the article is to inform investors about developments related to the mentioned companies, without suggesting specific actions for investors [2] - The author emphasizes the importance of consulting with an investment advisor before making any investment decisions regarding the stocks mentioned [2] Group 2 - The article clarifies that past performance is not indicative of future results, and no specific investment recommendations are provided [3] - It highlights that the views expressed may not reflect those of Seeking Alpha as a whole, and the analysts are third-party authors, including both professional and individual investors [3]

Core Insights - Beyond (BYON) has shown strong year-to-date performance, gaining approximately 24.5% compared to the Retail-Wholesale sector's average return of 2.3% [4] - The Zacks Rank for Beyond is currently 2 (Buy), indicating a positive earnings outlook with a 15.1% increase in the consensus estimate for full-year earnings over the past quarter [3] - Beyond operates within the Internet - Commerce industry, which has an average gain of 2.1% this year, further highlighting its strong performance relative to its peers [5] Group Performance - Beyond is one of 208 companies in the Retail-Wholesale group, which is currently ranked 9 in the Zacks Sector Rank [2] - Another notable performer in the Retail-Wholesale sector is CHOW TAI FOOK (CJEWY), which has returned 53.4% year-to-date and has a Zacks Rank of 1 (Strong Buy) [4][5] - The Retail - Jewelry industry, to which CHOW TAI FOOK belongs, is ranked 35 and has seen a decline of 16.8% year-to-date, contrasting with Beyond's performance [6]