/
Introduction Bed Bath & Beyond, Inc., is an e-commerce-focused retailer with an affinity model that owns or has ownership interests in various brands, offering a comprehensive array of products and services that enable its customers to enhance everyday life through quality, style, and value. We currently own Bed Bath & Beyond, Overstock, and buybuy BABY, among other brands.
The business is unprofitable at the operating level (-5.86% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 25.1% YoY. The question is whether this is cyclical or a structural shift.
Negative free cash flow of -$64M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$1.06B
▼ -25.1% YoY
Net Income (TTM)
-$61M
▲ +67.3% YoY
Op. Margin
-5.30%
▲ +7.3pp YoY
ROIC
-21.36%
▲ +30.0pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$25M
▲ +66.0% YoY
Op. Cash Flow (TTM)
-$18M
▲ +67.5% YoY
Net Debt
-$114M
Net Cash Position
Cash & Equiv.
$136M
5Y CAGR: -16.0%
Continue Research