BED BATH & BEYOND, INC.
BBBY, BBBY-WT · Retail-Catalog & Mail-Order Houses · 73.9M shares · +7%/yr ↑ dilution · EDGAR filings ↗
Net buyback after stock comp: -$13M (gross $10M, SBC $23M)
Reference price $6.38 · est. market cap ~$472M — last insider sale, 2026-06-04 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D49Reconstituted e-commerce retailer with sharply shrinking revenue and ongoing losses, pending a merger with TBHC.
Strengths
- Improving gross margin (24.7%, +390bps) and adequate cash ($242M, ~15 quarters runway)
- Sharp cost discipline cut sales/marketing 40% year over year
Risks
- Revenue down 25% to $1.04B with negative operating/OCF margins and -$64M FCF (7th pct)
- Turnaround/merger execution risk; gross margin in just the 23rd pct of sector
Notable findings
- Cash burnNegative free cash flow (-64.1M)
- Net lossNet loss (net margin -8.1%)
- Exec changeRecent 8-K item 5.02 8-K ↗
- Customer concentration~25% of revenue from one customer/distributor — 5 million, or 24
- Strong balance sheetStrong balance sheet — $242M cash & investments, ~15 quarters of runway
- Insider buyingInsider buying — 1 open-market buy(s) by 1 insider(s) (~$102,200, last 6mo) Form 4 ↗
- Pending merger• The Merger may not be completed and the Merger Agreement may be terminated in accordance with its terms
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
24.7%
Operating margin
-5.9%
Net margin
-8.1%
Return on equity
-38.9%
Return on assets
-19.9%
Revenue growth (QoQ)
-9.4%
Current ratio
1.2×
Free cash flow
-$64M
EBITDA
-$45M
Tangible book value
$166M
Cash & investments
$242M
Cash runway
15q
Stock comp / revenue
1.0%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-04 | Burkey Joanna M. | Sell | 9.9K | $6.38 |
| 2026-05-15 | Shapiro Robert Jacob | Option exercise | 27K | — |
| 2026-05-15 | Burkey Joanna M. | Option exercise | 27K | — |
| 2026-05-15 | Nettles William Benjamin JR | Option exercise | 27K | — |
| 2026-05-15 | Perelman Debra Golding | Option exercise | 27K | — |
| 2026-05-15 | Corbus Barclay | Option exercise | 27K | — |
| 2026-05-15 | TABACCO JOSEPH J JR | Option exercise | 27K | — |
| 2026-05-14 | Putnam Leah R | Option exercise | 40K | — |
| 2026-05-14 | Putnam Leah R | Tax withheld | 9.7K | $4.69 |
| 2026-05-14 | Putnam Leah R | Option exercise | 3.3K | — |
| 2026-05-14 | Putnam Leah R | Tax withheld | 801 | $4.69 |
| 2026-05-14 | Putnam Leah R | Option exercise | 15K | — |
| 2026-05-14 | Putnam Leah R | Tax withheld | 3.7K | $4.69 |
| 2026-05-14 | Putnam Leah R | Option exercise | 1.2K | — |
| 2026-05-14 | Putnam Leah R | Tax withheld | 289 | $4.69 |
| 2026-05-14 | Putnam Leah R | Option exercise | 12K | — |
| 2026-05-14 | Putnam Leah R | Tax withheld | 2.8K | $4.69 |
| 2026-05-14 | Putnam Leah R | Option exercise | 3.9K | — |
| 2026-05-14 | Putnam Leah R | Tax withheld | 940 | $4.69 |
| 2026-04-12 | Putnam Leah R | Option exercise | 1.5K | — |
| 2026-04-12 | Putnam Leah R | Tax withheld | 366 | $4.69 |
| 2026-04-02 | Dubois Lisa Foley | Grant | 14K | — |
| 2026-04-02 | Sullivan Amy Ervin | Grant | 95K | — |
| 2026-03-10 | TABACCO JOSEPH J JR | Buy | 20K | $5.11 |
| 2026-03-10 | LEMONIS MARCUS | Tax withheld | 60K | $4.91 |
| 2026-03-10 | LEMONIS MARCUS | Grant | 141K | — |
| 2026-03-10 | LEMONIS MARCUS | Grant | 167K | — |
| 2026-03-10 | LEMONIS MARCUS | Tax withheld | 35K | $4.91 |
| 2026-03-02 | Putnam Leah R | Option exercise | 1.0K | — |
| 2026-03-02 | Putnam Leah R | Tax withheld | 244 | $5.18 |
| 2026-02-04 | Putnam Leah R | Option exercise | 5.8K | $0.00 |
| 2026-02-04 | Putnam Leah R | Tax withheld | 1.4K | $5.62 |
| 2026-02-04 | Putnam Leah R | Option exercise | 1.9K | $0.00 |
| 2026-02-04 | Putnam Leah R | Tax withheld | 470 | $5.62 |
| 2026-02-04 | Putnam Leah R | Option exercise | 1.6K | $0.00 |
| 2026-02-04 | Putnam Leah R | Tax withheld | 488 | $5.62 |
| 2026-02-04 | Putnam Leah R | Option exercise | 7.5K | $0.00 |
| 2026-02-04 | Putnam Leah R | Tax withheld | 1.8K | $5.62 |
| 2026-02-04 | Lee Adrianne | Option exercise | 19K | $0.00 |
| 2026-02-04 | Lee Adrianne | Tax withheld | 5.5K | $5.62 |
| 2026-02-04 | Lee Adrianne | Option exercise | 6.2K | $0.00 |
| 2026-02-04 | Lee Adrianne | Tax withheld | 1.8K | $5.62 |
| 2026-02-04 | Lee Adrianne | Option exercise | 16K | $0.00 |
| 2026-02-04 | Lee Adrianne | Tax withheld | 4.6K | $5.62 |
| 2026-02-04 | Lee Adrianne | Option exercise | 5.2K | $0.00 |
| 2026-02-04 | Lee Adrianne | Tax withheld | 1.5K | $5.62 |
| 2026-01-23 | Lee Adrianne | Tax withheld | 6.0K | $6.87 |
| 2026-01-23 | Lee Adrianne | Option exercise | 21K | $0.00 |
| 2025-11-15 | Putnam Leah R | Option exercise | 1.2K | $0.00 |
| 2025-11-15 | Putnam Leah R | Tax withheld | 289 | $6.03 |
| 2025-11-15 | Thomas Alexander William | Option exercise | 1.2K | $0.00 |
| 2025-11-15 | Thomas Alexander William | Tax withheld | 343 | $6.03 |
| 2025-07-21 | Lee Adrianne | Sell | 2.2K | $10.00 |
| 2025-05-21 | TABACCO JOSEPH J JR | Option exercise | 10K | $0.00 |
| 2025-05-21 | Nettles William Benjamin JR | Option exercise | 10K | $0.00 |
| 2025-05-21 | Burkey Joanna Catherine | Option exercise | 10K | $0.00 |
| 2025-05-21 | Perelman Debra Golding | Option exercise | 5.3K | $0.00 |
| 2025-05-21 | Shapiro Robert Jacob | Option exercise | 10K | $0.00 |
| 2025-05-21 | Corbus Barclay F | Option exercise | 10K | $0.00 |
| 2025-04-12 | Thomas Alexander William | Tax withheld | 609 | $3.89 |
| 2025-04-12 | Putnam Leah R | Option exercise | 1.5K | $0.00 |
| 2025-04-12 | Putnam Leah R | Tax withheld | 445 | $3.89 |
| 2025-04-12 | Thomas Alexander William | Option exercise | 1.8K | $0.00 |
| 2025-03-13 | LEMONIS MARCUS | Buy | 19K | $5.03 |
| 2025-02-05 | BEYOND, INC. | Grant | 4.3M | $1.85 |
| 2025-02-05 | BEYOND, INC. | Conversion | 4.6M | — |
| 2025-01-23 | Nielsen David J. | Tax withheld | 7.2K | $7.00 |
| 2025-01-23 | Nielsen David J. | Option exercise | 21K | $0.00 |
| 2025-01-23 | Lee Adrianne | Option exercise | 21K | $0.00 |
| 2025-01-23 | Lee Adrianne | Tax withheld | 7.2K | $7.00 |
| 2025-01-21 | Nettles William Benjamin JR | Option exercise | 1.3K | $0.00 |
| 2025-01-21 | Shapiro Robert Jacob | Option exercise | 1.3K | $0.00 |
| 2025-01-21 | Nielsen David J. | Option exercise | 6.7K | $0.00 |
| 2025-01-21 | Nielsen David J. | Tax withheld | 2.3K | $6.00 |
| 2025-01-21 | Lee Adrianne | Option exercise | 6.7K | $0.00 |
| 2025-01-21 | Lee Adrianne | Tax withheld | 2.3K | $6.00 |
| 2025-01-21 | Corbus Barclay F | Option exercise | 1.3K | $0.00 |
| 2025-01-21 | TABACCO JOSEPH J JR | Option exercise | 1.3K | $0.00 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-17 | Material agreementExhibits | filing ↗ |
| 2026-05-20 | Exec/director change | filing ↗ |
| 2026-05-19 | Exec/director change5.03Shareholder voteExhibits | filing ↗ |
| 2026-05-08 | Exhibits | filing ↗ |
| 2026-04-27 | ResultsExhibits | filing ↗ |
| 2026-04-02 | Material agreement3.02Exec/director changeReg FDExhibits | filing ↗ |
| 2026-04-02 | Acquisition/dispositionOtherExhibits | filing ↗ |
| 2026-02-23 | ResultsExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-17 | 2026-06-16 | 0001140361-26-025607 ↗ |
| 8-K | 2026-05-20 | 2026-05-15 | 0001130713-26-000046 ↗ |
| 8-K | 2026-05-19 | 2026-05-14 | 0001130713-26-000043 ↗ |
| 8-K/A | 2026-05-08 | 2026-04-02 | 0001140361-26-020026 ↗ |
| 10-Q | 2026-04-27 | 2026-03-31 | 0001130713-26-000038 ↗ |
| 8-K | 2026-04-27 | 2026-04-27 | 0001130713-26-000036 ↗ |
| 8-K | 2026-04-02 | 2026-04-02 | 0001140361-26-012981 ↗ |
| 8-K | 2026-04-02 | 2026-04-02 | 0001140361-26-012893 ↗ |
| 10-K | 2026-02-24 | 2025-12-31 | 0001130713-26-000018 ↗ |
| 8-K | 2026-02-23 | 2026-02-23 | 0001130713-26-000014 ↗ |
| 8-K/A | 2026-01-23 | 2025-12-30 | 0001130713-26-000010 ↗ |
| 8-K | 2026-01-09 | 2026-01-09 | 0001140361-26-000846 ↗ |