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Bed Bath & Beyond parent ‘dissatisfied' with Q4 results, reassessing its portfolio
BYONBeyond(BYON) Market Watch·2024-02-21 03:44

Beyond BYON, +4.98%, the owner of Bed Bath & Beyond and Overstock, said revenue fell in the latest quarter and that it is reviewing its portfolio to meet its full-year financial goals. The location-based online retailer posted fourth-quarter loss of 161million,or161 million, or 3.55 a share, compared with a loss of 15.5million,or34centsashare,ayearearlier.AnalystspolledbyFactSetexpectedapersharelossof80cents.Strippingoutonetimeitems,lossespersharecameinat15.5 million, or 34 cents a share, a year earlier. Analysts polled by FactSet expected a per-share loss of 80 cents. Stripping out one-time items, losses per share came in at 1.22 a share. Analysts pol ...