Bed Bath & Beyond surges after Q1 revenue beat estimates

Neighborhood Intelligence

27/04/2026 21:32

** Shares of e-commerce company Bed Bath & Beyond  BBBY.N up 26% at $6.73 after the bell

** Co beats quarterly sales estimates as online demand for its home products improves

** This was the first quarter of significant revenue growth in 19 quarters, signaling strong brand awareness among customers, co says

** Reports Q1 net revenue rise of 6.9% y-o-y of $248 million beating estimates of $240 million-data compiled by LSEG

** Posts Q1 adjusted loss per share of 25 cents vs loss of 42 cents last year

** Co filed for bankruptcy protection in 2023

** As of Monday's last close, stock down 2.2% YTD

 (Reporting by Koyena Das from Bengaluru)

 ((Koyena.das@thomsonreuters.com))