BeyondNYSE: BYON

MIDVALE, Utah--(BUSINESS WIRE)--Beyond, Inc. (NYSE:BYON), owner of Overstock, Bed Bath & Beyond, Zulily, and other online retail brands designed to unlock your home's potential, today announced structural changes to its leadership team and broader organization. The following changes have been approved by the Company's board of directors and are effective immediately: Elimination of Co-Chief Executive roles Expansion of Executive Chairman role Elimination of dual Chief Merchant roles Concurr.

The billionaire activist investor Ryan Cohen won the dismissal on Tuesday of a shareholder lawsuit accusing him of profitably cashing out of Bed Bath & Beyond shares too quickly as the home goods retailer was hurtling toward bankruptcy.

MIDVALE, Utah, June 03, 2024 (GLOBE NEWSWIRE) -- Beyond, Inc. (NYSE:BYON), owner of Overstock, Bed Bath & Beyond, Zulily, and other online retail brands designed to unlock your home's potential, today announced that the company will be participating in the following investor events:

Beyond (BYON) reported a quarterly loss of $1.22 per share, which was higher than the expected loss of $0.92 per share according to the Zacks Consensus Estimate. This is a significant increase from the loss of $0.10 per share reported a year ago.

Beyond Inc., the parent company of Overstock and Bed Bath & Beyond, saw a drop in its stock price after hours on Monday following a disappointing earnings report. The online retailer reported a larger loss than anticipated and announced plans to attract more loyal customers in a challenging market for furniture and home goods.

Beyond (BYON) lacks the necessary combination of two key factors that could lead to a positive earnings report. Be sure to have a clear understanding of the expectations.

Beyond, Inc., (NYSE: BYON), the parent company of online retail brands Bed Bath & Beyond, Overstock, and Zulily, will announce its financial results for the first quarter ending on March 31, 2024, on Monday, May 6, 2024, after the market closes.

Overstock.com is back online, promising savings of 30% to 70% and a growing range of product categories. The relaunch of the brand was announced in a Thursday (March 28) press release by parent company Beyond, which also owns the online retail brands Bed Bath & Beyond and Zulily.

Beyond has partnered with X to promote Overstock, Bed Bath & Beyond and Zulily on the social media platform. This strategic partnership will include the delivery of custom short- and long-form lifestyle entertainment content, the development of customer acquisition and retention strategies, and the opportunity to spotlight the company's brands during key events and holidays, Beyond said in a Wednesday (March 27) press release.