Beyond, Inc., Formerly Overstock.com. Inc., Reveals Leadership Transition; Jonathan Johnson Steps Down As CEO

11/6/23 8:04:11 AM ET

Catalog/Specialty Distribution

Consumer Discretionary

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. Johnson's departure follows mutual agreement by the Board. David Nielsen has been appointed to an expanded role as Interim CEO and President, and will lead the company as it moves into the future operating as the new Bed Bath & Beyond. Additionally, Adrianne Lee, Chief Financial Officer, will expand her responsibilities to oversee legal and human resources functions in addition to the finance organization.

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Recent Analyst Ratings for
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Date	Price Target	Rating	Analyst
9/21/2023		Neutral	BTIG Research
4/21/2023	$29.00 → $19.00	Overweight → Neutral	Piper Sandler
2/8/2023	$23.00	Equal Weight	Barclays
1/13/2023	$20.00	Hold	Jefferies
1/4/2023		Buy → Hold	Needham
10/20/2022		Hold	Argus
10/4/2022		Neutral	Guggenheim
6/30/2022		Mkt Perform	Raymond James

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Bed Bath & Beyond Relaunches Its Market-Leading Gift Registry
MIDVALE, Utah, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Bed Bath & Beyond, a Beyond, Inc. (NYSE:BYON) brand, announced today that its iconic gift registry is back and better than ever before. Through a partnership with MyRegistry.com, the new registry experience redefines the way customers celebrate life's major milestones – from weddings to birthdays and graduation to college prep. "Bed Bath & Beyond has long been a go-to destination for life's special moments, but the registry experience in general hasn't evolved much over the last 20 years," said Dave Nielsen, President and Interim CEO of Beyond. "This partnership with MyRegistry was designed to innovate and elevate the experience for gift-gi
1/11/24 3:36:49 PM ET
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$OSTK
Catalog/Specialty Distribution
Consumer Discretionary
Allison Abraham Retires as Co-Chair and Member of the Beyond, Inc. Board of Directors
MIDVALE, Utah, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Beyond, Inc., (NYSE:BYON) ("Beyond" or the "Company"), the parent company of online furniture and home furnishings retailer Bed Bath & Beyond, formerly known as Overstock, today announced that, on December 10, 2023, Allison H. Abraham notified the Board of Directors of Beyond ("the Board") of her decision to retire. As part of that transition, Ms. Abraham resigned as a Director of the Company, effective immediately. Marcus Lemonis will transition to the role of Chairman of the Company's Board of Directors. Ms. Abraham said, "I thank the Board, management, and rest of the Beyond family for their support over the years. It has been an honor t
12/11/23 8:30:00 AM ET
$BYON
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Catalog/Specialty Distribution
Consumer Discretionary
Beyond Announces Participation in Fireside Chat Hosted by Needham & Company
MIDVALE, Utah, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Beyond, Inc., (NYSE:BYON) ("Beyond" or the "Company"), the parent company of online furniture and home furnishings retailer Bed Bath & Beyond, formerly known as Overstock, today announced participation in a virtual fireside chat hosted by Needham & Company on Wednesday, December 13, 2023 at 11 AM ET. Marcus Lemonis, Co-Chair of Beyond Board of Directors, Dave Nielsen, Interim Chief Executive Officer and President, and Adrianne Lee, Chief Financial Officer, will participate in the event. Webcast and Replay InformationTo access the live webcast, please pre-register at this link – BYON Virtual Fireside Chat with Needham. The event is sche
12/7/23 8:30:00 AM ET
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Beyond, Inc., Formerly Overstock.com. Inc., Announces Leadership Transition
Jonathan Johnson Steps Down as Chief Executive Officer Dave Nielsen Appointed Interim CEO and President; Adrianne Lee, CFO, Takes on Expanded Responsibilities MIDVALE, Utah , Nov. 06, 2023 (GLOBE NEWSWIRE) -- Beyond, Inc., (NYSE:BYON), the online home furnishing company formerly known as Overstock.com, Inc. that now operates as Bed Bath & Beyond, today announced that Jonathan Johnson has stepped down as Chief Executive Officer and a member of the Board of Directors, effective immediately. Mr. Johnson's departure follows mutual agreement by the Board and Mr. Johnson to transition the company to new leadership. The Board has initiated a comprehensive internal and external search process to
11/6/23 8:00:00 AM ET
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Catalog/Specialty Distribution
Consumer Discretionary
Overstock Heads into the Future as Beyond
Overstock.com, Inc. will change corporate name to Beyond, Inc.Common stock listing will transfer from NASDAQ to NYSETicker symbol will change from OSTK to BYONAll changes effective November 6, 2023 MIDVALE, Utah, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK), which operates as Bed Bath & Beyond, today announced that it will change its corporate name to Beyond, Inc. effective November 6, 2023. Concurrently, with the corporate name change, the company will transfer its stock listing from the Nasdaq Global Market (NASDAQ) to the New York Stock Exchange (NYSE) and change its ticker symbol from OSTK to BYON. Following the corporate name change, Beyond, Inc
10/24/23 8:30:00 AM ET
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Catalog/Specialty Distribution
Consumer Discretionary
Overstock Appoints Marcus Lemonis to Board of Directors
Chairman and Chief Executive Officer at Camping World (NYSE:CWH)25-years of experience in business development and retail growthExpertise in business acquisition and integration MIDVALE, Utah, Oct. 03, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Overstock.com, Inc. (NASDAQ:OSTK) has appointed Marcus Lemonis as its newest independent director, effective October 2, 2023. Lemonis is currently the Chairman and Chief Executive Officer (CEO) of Camping World (NYSE:CWH). He brings a broad and diverse experience in growing and scaling companies from the inside out. He's well-known for improving small businesses on CNBC's The Profit where he helped them focus on their people, proce
10/3/23 8:30:00 AM ET
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Overstock Announces Third Quarter 2023 Financial Results
MIDVALE, Utah, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK), which operates as Bed Bath & Beyond, today reported financial results for the quarter ended September 30, 2023. Third Quarter 2023 Financial Highlights •Total net revenue was $373 million, a decrease of 19% year-over-year•Gross profit of $70 million, or 18.7% of total net revenue•Operating loss of $41 million•Net loss of $63 million•Diluted net loss per share of $1.39; Adjusted diluted net loss per share (non-GAAP) of $0.61•Adjusted EBITDA (non-GAAP) of ($24) million, which represents (6.4)% of net revenue•Cash and cash equivalents totaled $325 million at the end of the third quarter "Over the last th
10/26/23 6:00:00 AM ET
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Catalog/Specialty Distribution
Consumer Discretionary
The New Bed Bath & Beyond Scheduled to Release Third Quarter 2023 Financial Results on October 26
MIDVALE, Utah, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK), which operates as Bed Bath & Beyond, is scheduled to release third quarter financial results for the period ended September 30, 2023, on Thursday, October 26, 2023, before the market opens. The company has scheduled a conference call and webcast for 8:30am ET that day to discuss these results and take questions from participants during the live event. Questions may also be submitted to [email protected] in advance. Webcast and Replay InformationTo access the live webcast and presentation slides, visit http://investors.overstock.com. To participate in the conference call via telephone, please pre-re
10/12/23 8:30:00 AM ET
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Catalog/Specialty Distribution
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The New Bed Bath & Beyond Provides Third Quarter 2023 Performance Update
SALT LAKE CITY, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Bed Bath & Beyond, operated by Overstock.com, Inc. (NASDAQ:OSTK), today shared an update on its 3Q 2023 performance. "Our U.S. business launched successfully on August 1. Consumers are showing that they love the new Bed Bath & Beyond," said Jonathan Johnson, CEO of the new Bed Bath & Beyond. "Even in a challenging macro-economic environment, we acquired new customers and re-activated past customers. Our topline performance is improving steadily. We have experienced year-over-year order growth since the U.S. launch, led by orders from new customers. Over the Labor Day weekend, the first major holiday event under our new brand, we were su
9/6/23 8:30:00 AM ET
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Catalog/Specialty Distribution
Consumer Discretionary

Beyond, Inc., Formerly Overstock.com. Inc., Reveals Leadership Transition; Jonathan Johnson Steps Down As CEO

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$OSTK Insider Purchases

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Lemonis Marcus bought $99,792 worth of shares (5,940 units at $16.80), increasing direct ownership by 4% to 166,248 units (SEC Form 4)

Lemonis Marcus bought $99,843 worth of shares (6,560 units at $15.22), increasing direct ownership by 4% to 160,308 units (SEC Form 4)

Lemonis Marcus bought $99,859 worth of shares (6,455 units at $15.47), increasing direct ownership by 4% to 153,748 units (SEC Form 4)

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Bed Bath & Beyond Relaunches Its Market-Leading Gift Registry

Allison Abraham Retires as Co-Chair and Member of the Beyond, Inc. Board of Directors

Beyond Announces Participation in Fireside Chat Hosted by Needham & Company

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Beyond, Inc., Formerly Overstock.com. Inc., Announces Leadership Transition

Overstock Heads into the Future as Beyond

Overstock Appoints Marcus Lemonis to Board of Directors

BTIG Research initiated coverage on Overstock.com

Overstock.com downgraded by Piper Sandler with a new price target

Barclays initiated coverage on Overstock.com with a new price target

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Nielsen David J. exercised 3,334 shares at a strike of $0.00 and covered exercise/tax liability with 1,381 shares, increasing direct ownership by 4% to 56,716 units (SEC Form 4)

Lee Adrianne exercised 2,667 shares at a strike of $0.00 and covered exercise/tax liability with 1,026 shares, increasing direct ownership by 4% to 44,000 units (SEC Form 4)

Corbus Barclay F exercised 1,000 shares at a strike of $0.00, increasing direct ownership by 2% to 60,018 units (SEC Form 4)

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SEC Form SC 13G/A filed by Overstock.com Inc. (Amendment)

SEC Form SC 13G/A filed by Overstock.com Inc. (Amendment)

SEC Form SC 13G/A filed by Overstock.com Inc. (Amendment)

$OSTK Financials

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Overstock Announces Third Quarter 2023 Financial Results

The New Bed Bath & Beyond Scheduled to Release Third Quarter 2023 Financial Results on October 26

The New Bed Bath & Beyond Provides Third Quarter 2023 Performance Update

$OSTK SEC Filings

Overstock.com Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

Overstock.com Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

Overstock.com Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

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