Company Overview - Beyond (BYON) is expected to report a year-over-year increase in earnings despite lower revenues for the quarter ended December 2024, with a consensus outlook indicating a quarterly loss of $0.73 per share, representing a 40.2% change from the previous year [1][3] - Revenues for Beyond are anticipated to be $326.75 million, reflecting a 15% decline from the same quarter last year [3] Earnings Expectations - The upcoming earnings report is scheduled for February 24, and the stock may experience upward movement if key numbers exceed expectations, while a miss could lead to a decline [2] - The consensus EPS estimate has been revised 0.86% higher over the last 30 days, indicating a reassessment by analysts [4] Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive Earnings ESP reading, which for Beyond is +12.81%, indicates a potential earnings beat, although the stock currently holds a Zacks Rank of 4, complicating predictions [10][11] - Historically, Beyond has only beaten consensus EPS estimates once in the last four quarters, with a previous quarter's surprise of -14.29% [12][13] Industry Comparison - In the Zacks Internet - Commerce industry, ACV Auctions Inc. (ACVA) is expected to post a loss of $0.01 per share, indicating a year-over-year change of +75%, with revenues projected at $157.75 million, up 33.3% from the previous year [17] - ACV Auctions has an Earnings ESP of 433.33%, suggesting a strong likelihood of beating the consensus EPS estimate, despite having surpassed EPS estimates only once in the last four quarters [18]

Core Insights - Bed Bath & Beyond is attempting a comeback through smaller-format stores, but experts emphasize that product offerings are more critical than store size [1][5] - Kirkland's Inc. has invested $25 million to become the exclusive operator of new neighborhood Bed Bath & Beyond locations, leveraging its expertise in store operations [2][3] - The previous management of Bed Bath & Beyond faced issues like poor inventory management and slow online adoption, leading to its Chapter 11 bankruptcy filing in 2023 [3][5] Company Strategy - The partnership with Kirkland's aims to curate a selection of products from legacy vendor partners, utilizing Kirkland's 58-year experience in home decor [3] - Experts suggest that the new stores may serve as outlets for Kirkland's private label goods and products from Overstock and Zulily [6][7] - The potential for these locations to function as return centers for sister companies is also highlighted, drawing parallels to TJMaxx's Home Goods stores [7] Market Challenges - The home goods market is highly competitive, with significant players like Amazon, Temu, Target, and Wayfair posing challenges for Bed Bath & Beyond [5] - Experts warn that without addressing fundamental issues such as supply chain and inventory management, the new strategy may lead to another failure [7] - The anticipated increase in tariffs could further complicate the situation by raising product costs, creating a challenging environment for recovery [9] Management Changes - The new management under Kirkland's is seen as a positive shift, with a focus on aligning business decisions with customer needs [10] - Previous management struggled to adapt to changes in the retail landscape post-pandemic, which contributed to the company's decline [10]

Group 1 - Beyond has announced a groundbreaking initiative that includes the acquisition of the Buy Buy Baby brand, the creation of LifeChain, and the tokenization of assets, which could reshape the financial landscape [1][2][9] - The introduction of asset tokenization through blockchain technology provides a transformative fourth option for capital raising, alongside traditional methods like issuing stocks, incurring debt, or selling assets [3] - Beyond plans to tokenize the Buy Buy Baby intellectual property (IP) and distribute a percentage of the token as dividends to current shareholders while attracting new investors [4][9] Group 2 - The tokenization initiative is expected to trigger widespread adoption of blockchain technology in businesses, as it demonstrates a regulatory-compliant method of capital formation [5][6] - tZERO, a company partly owned by Intercontinental Exchange, will lead the tokenization of the Buy Buy Baby IP and ensure regulatory compliance, with the token available for trading on its Alternative Trading System (ATS) [7][8] - The market for asset tokenization has the potential to grow significantly, potentially reaching trillions of dollars in value within a few years [10][11] Group 3 - Beyond's efforts, along with tZERO, highlight novel capital-raising opportunities presented by blockchain, such as converting intangible assets into tangible ones and improving financial transparency [11]

Beyond (BYON) shares rallied 33.3% in the last trading session to close at $9.68. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 16% gain over the past four weeks.Beyond is benefiting from the acquisition of the global rights to the Buy Buy Baby brand, with the $5 million deal enhancing its portfolio through valuable assets, databases, and intellectual property.This online discount retailer is expected to po ...

Core Insights - Beyond, Inc. has entered into an Asset Purchase Agreement to acquire the global rights of the Buy Buy Baby brand for $5 million, which includes various assets and intellectual property [1] - The acquisition aims to strengthen Beyond's portfolio and enhance the in-store experience for parents through curated selections [2] - The company is exploring the tokenization of Buy Buy Baby's intellectual property in collaboration with tZERO, potentially offering digital dividends and revenue-sharing tokens [3] - Beyond plans to leverage blockchain technology to create a "LifeChain" that records significant life events and integrates consumer financial and digital assets into a secure digital wallet [4] - This acquisition aligns with Beyond's strategy to operate a profitable company focused on traditional revenue and earnings growth [5] Company Overview - Beyond, Inc. is an ecommerce-focused affinity company based in Murray, Utah, owning various retail brands including Bed Bath & Beyond and Overstock, and aims to unlock customers' homes' potential through a vast data cooperative [6]

MURRAY, Utah, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Beyond, Inc. (NYSE: BYON), owner of Bed Bath & Beyond and Overstock, announced today that it has entered into an Asset Purchase Agreement with BBBY Acquisition Co. LLC to acquire the global rights of the Buy Buy Baby brand. The purchase price of $5 million includes certain assets, databases, domains, intellectual property, vendor relationships, and content related to Buy Buy Baby. Marcus Lemonis, Executive Chairman of Beyond, commented, "Bed Bath & Beyond and ...

Core Points - Beyond, Inc. is set to release its fourth quarter and full year 2024 financial results on February 24, 2025, after market close [1] - A conference call and webcast to discuss these results will take place on February 25, 2024, at 8:30 am ET [2] - The company operates various online retail brands, including Bed Bath & Beyond, Overstock, and Zulily, focusing on enhancing home potential through a comprehensive array of products and services [4] Company Overview - Beyond, Inc. is based in Murray, Utah, and is an ecommerce-focused affinity company [4] - The company owns or has ownership interests in multiple retail brands, leveraging a vast data cooperative to serve its customers [4] - Beyond regularly updates its Newsroom and Investor Relations pages on its website for investor information [4]

— Company On Track to Deliver $65 Million Annualized Fixed Cost Reduction — — Company to Maintain Presence in Salt Lake City — MIDVALE, Utah, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Beyond, Inc. (NYSE:BYON), owner of Bed Bath & Beyond, Overstock, Zulily, and other online retail brands designed to unlock your family's and home's potential ("the Company"), today announced that it has completed the transaction with Salt Lake County to sell the Company's corporate headquarters located in Midvale, Utah on December 20, ...

Analyst’s Disclosure: I/we have a beneficial long position in the shares of BYON either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. I/we have a beneficial long position in the shares of BYON and GME either through stock ownership, options, or other derivatives. I wrote this ...

Summary of Beyond, Inc. (NYSE:BYON) 2024 Investor Event Company Overview - **Company**: Beyond, Inc. (NYSE:BYON) - **Event Date**: October 24, 2024 - **Participants**: Executive Chairman Marcus Lemonis, VP of Investor Relations Alexis Callahan, Chief Financial Officer Adrianne Lee, President Dave Nielsen, and other executives Key Points Industry Context - The company is focused on the e-commerce retail sector, particularly in home goods and furniture, following the merger of Bed Bath & Beyond and Overstock, which has created challenges in product assortment and consumer expectations [2][9][10]. Financial Performance - **Revenue**: Year-over-year revenue decline attributed to a strategic decision to prioritize profitability over sales volume [7][8]. - **Gross Margin**: Reported at 21.2%, a 110 basis point improvement from Q2 2024, with a year-over-year increase of 50 basis points due to reduced promotional discounting [7][11]. - **SG&A Expenses**: Totaled $45 million for the quarter, with expectations to reduce this to the low $40 million range moving forward [8][12]. - **Adjusted EBITDA**: Loss of $32 million, an improvement from a loss of $36 million in Q2 2024, indicating progress in cost management [8][14]. Strategic Focus - The management team identified three core issues affecting performance: conversion rates, gross margin, and SG&A expenses [6][14]. - Emphasis on improving conversion rates, which have dropped to approximately 1.3% from historical levels of 1.7% to 1.8% [10][41]. - Plans to enhance product assortment and marketing strategies to better align with consumer expectations and improve sales performance [17][22]. Market Positioning - The merger has led to confusion among consumers regarding product offerings, resulting in high cart abandonment rates [17][20]. - The company aims to restore Overstock's historical product mix, which included a broader range of categories beyond home goods, to attract more traffic and improve conversion rates [62][63]. Future Outlook - Management anticipates sequential improvements in revenue, margin, and adjusted EBITDA in Q4 2024 compared to Q3 2024, driven by better conversion and margin management [52]. - The company is exploring partnerships and potential acquisitions (e.g., Container Store, Kirkland's) to enhance its omnichannel presence and improve vendor negotiations [36][60]. Risks and Challenges - The company acknowledges macroeconomic challenges, including high interest rates and inflation, but believes that internal business issues are more pressing [2][4]. - Concerns about cash flow management and the need for ongoing cost reductions were highlighted, especially following workforce reductions [56][59]. Additional Insights - The management team is focused on a long-term vision of profitability and market share recovery, with a commitment to improving operational efficiency and customer experience [51][52]. - The transition of SKUs between Bed Bath & Beyond and Overstock is being managed carefully to avoid significant sales disruptions [45][47]. This summary encapsulates the key discussions and insights from the investor event, highlighting the company's current challenges, strategic initiatives, and future outlook in the competitive e-commerce landscape.