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

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

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

MIDVALE, Utah, Nov. 30, 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 its Board of Directors ("the Board") has unanimously approved a declassification of the Board, subject to shareholder approval at the 2024 Annual Meeting of Stockholders ("Meeting"). In accordance with Delaware law, the Board will put forward the proposal for declassification ("Proposal") for a vote at its next Meeting. Details related to the Proposal will be filed with the Company's annual proxy statement in advance of the Meeting. Following share

Leadership mandates intense restructure through reducing costs and evaluating lines of business, investments, and capital allocation while driving revenue and increasing active customer base. MIDVALE, Utah, Nov. 29, 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, effective immediately, Allison H. Abraham and Marcus Lemonis will serve as Co-Chairs of the Company's Board of Directors. Ms. Abraham said, "Marcus brings a wealth of experience as a public company Chairman and CEO, with powerful operating knowledge in retail,

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

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

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

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

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

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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

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

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

SALT LAKE CITY, March 02, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Overstock.com, Inc. (NASDAQ:OSTK) has appointed Joanna Burkey as its newest independent director effective March 2, 2023. Burkey is the Chief Information Security Officer (CISO) for HP, Inc. and has more than 25 years of experience in cybersecurity, information technology, data privacy, and digital strategy. With deep expertise in crisis and risk management, she is known for successfully implementing data-driven innovations at multinational corporations, including Siemens, Hewlett-Packard, and 3Com, among others. In her current role as CISO for HP, Burkey leads global cybersecurity strategy and transformation,

SALT LAKE CITY, July 18, 2022 /PRNewswire/ -- Bitt, the world's leading central bank digital currency (CBDC) and stablecoin platform provider, has added the award-winning CBDC team from Criteo, another of the major players in the industry. The founders of Criteo's CBDC business are bringing strategic expertise and deep relationships to Bitt's global development and expansion efforts. Jim Shinn, a technology entrepreneur, scholar, and former U.S. government official with a long history in public service and foreign affairs, will join Bitt as Executive Director and Economist. Erik Bethel, a global finance polyglot, with extensive senior executive experience in the

Edwin Marcial, Former Founding CTO of Intercontinental Exchange, and Michael Blaugrund, COO of New York Stock Exchange, Join tZERO's Board of Directors tZERO, a leader in financial innovation and liquidity for private companies, announced today the appointment of two new directors to its Board: Edwin Marcial, former Senior Vice President and founding Chief Technology Officer of Intercontinental Exchange (NYSE:ICE), and Michael Blaugrund, Chief Operating Officer of the New York Stock Exchange (NYSE). Blaugrund's appointment is in conjunction with a significant minority investment by ICE and follows the appointment of David Goone as tZERO's Chief Executive Officer. Marcial and Blaugrund have

Shareholders re-elect Barbara H. Messing, Robert J. Shapiro, and Joseph J. Tabacco to continue to serve on the Board of Directors.Conversion of Series A-1 and Series B preferred stock into common stock approved. SALT LAKE CITY, May 12, 2022 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK), a leading home furnishings e-commerce retailer, today announced voting results of the shareholder proposals considered at its annual meeting of stockholders held on Thursday, May 12, 2022. Shareholders voted in favor of re-electing Barbara H. Messing, Robert J. Shapiro, and Joseph J. Tabacco to the Board of Directors, and converting the Series A-1 and Series B preferred stock into common stock. Sha

tZERO, a leader in blockchain innovation and liquidity for digital assets, announced today that Alan Konevsky, tZERO's former Interim Chief Executive Officer and Chief Legal Officer, has been appointed as tZERO's Executive Vice President and Chief Legal and Corporate Affairs Officer, effective March 2022. Konevsky's appointment is in connection with the recently announced significant minority investment by Intercontinental Exchange, Inc. (NYSE:ICE) and the appointment of David Goone as tZERO's Chief Executive Officer. In his new role, Konevsky will be responsible for a range of strategic, corporate, legal, regulatory, and other matters. He will also have an active role in guiding tZERO's gr

tZERO, a leader in blockchain innovation and liquidity for digital assets, announced today it will appoint David Goone, currently the Chief Strategy Officer of Intercontinental Exchange, Inc. (NYSE:ICE), to become tZERO's new Chief Executive Officer. Related to Goone's appointment, tZERO also announced that it has completed an additional strategic funding round from new and existing investors. Participants in the financing include NYSE parent company ICE, which will become a significant minority shareholder of tZERO, Overstock.com, Inc. (NASDAQ:OSTK), an original investor in tZERO, and Medici Ventures, L.P., a blockchain-focused fund whose general partner is an entity affiliated with Pelion

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

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

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

Completed acquisition of Bed Bath & Beyond brand and other intellectual property Executing a transformative re-branding, supported by strong balance sheet SALT LAKE CITY, July 27, 2023 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK) today reported financial results for the quarter ended June 30, 2023. Second Quarter 2023 Financial Highlights •Total net revenue was $422 million, a decrease of 20% year-over-year•Gross profit of $94 million, or 22.4% of total net revenue•Operating loss of $4 million•Net loss of $73 million•Diluted net loss per share of $1.63;

SALT LAKE CITY, July 13, 2023 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK), a leading online furniture and home furnishings retailer, is scheduled to release second quarter financial results for the period ended June 30, 2023, on Thursday, July 27, 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

Acquired iconic brand with high consumer awareness, vast customer database, and website domains among other intellectual propertyCombining Overstock's asset-light business model with the well-known Bed Bath & Beyond brandTransitioning to single Bed Bath & Beyond domain for quality home productsRe-branding Overstock Club O loyalty program as Welcome Rewards SALT LAKE CITY, June 28, 2023 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK), a leading online furniture and home furnishings retailer, today announced the consummation of its acquisition of certain intellectual property assets of the Bed Bath & Beyond banner from Bed Bath & Beyond, Inc. under a Bankruptcy Court supervised proce

Executing on key growth drivers to further improve revenue performance Strong gross margin result in a highly competitive environment SALT LAKE CITY, April 27, 2023 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK) today reported financial results for the quarter ended March 31, 2023. First Quarter 2023 Financial Highlights •Total net revenue was $381 million, a decrease of 29% year over year•Gross profit of $90 million, or 23.5% of total net revenue•Net loss of $10 million•Diluted net loss per share of $0.23; Adjusted diluted net loss per share (non-GAAP) of $0.10•Adjusted EBITDA (non-GAAP) of $3 million, which represents 0.9% of net revenue•Cash and cash equivalents

SALT LAKE CITY, April 13, 2023 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK), a leading online furniture and home furnishings retailer, is scheduled to release first quarter financial results for the period ended March 31, 2023, on Thursday, April 27, 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, plea

Delivered Q4 and Full Year Gross Margin in line with committed target despite elevated promotions in a highly competitive landscape. Strong sales performance during Cyber 5 in strategically positioned relevant giftable inventory. SALT LAKE CITY, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK) today reported financial results for the quarter and full year ended December 31, 2022. Fourth Quarter 2022 Financial Highlights, from continuing operations Total net revenue was $405 million, a decrease of 34% year over yearGross profit of $90 million, or 22.1% of total net revenueOperating loss of $3 millionNet loss of $16 millionDiluted net loss per share of $0.34; Adjusted

SALT LAKE CITY, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK), a leading online furniture and home furnishings retailer, is scheduled to release fourth quarter and full year financial results for the period ended December 31, 2022, on Wednesday, February 22, 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 cal

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BTIG Research initiated coverage of Overstock.com with a rating of Neutral

Piper Sandler downgraded Overstock.com from Overweight to Neutral and set a new price target of $19.00 from $29.00 previously

Barclays initiated coverage of Overstock.com with a rating of Equal Weight and set a new price target of $23.00

Jefferies initiated coverage of Overstock.com with a rating of Hold and set a new price target of $20.00

Needham downgraded Overstock.com from Buy to Hold

Argus initiated coverage of Overstock.com with a rating of Hold

Guggenheim resumed coverage of Overstock.com with a rating of Neutral

Raymond James initiated coverage of Overstock.com with a rating of Mkt Perform

BofA Securities downgraded Overstock.com from Buy to Neutral and set a new price target of $38.00 from $85.00 previously

Needham reiterated coverage of Overstock.com with a rating of Buy and set a new price target of $100.00 from $150.00 previously