Overstock.com (OSTK) News
Market Cap: $768.04M
Avg Volume: 3.27M
Industry: Specialty Retail
Sector: Consumer Cyclical
Beyond recruits Conn's Inc. exec to lead Bed, Bath & Beyond and promotes Overstock executive
Beyond Inc. on Tuesday named the former chief executive of HomePlus to lead its Bed, Bath & Beyond business, while promoting an executive to lead its Overstock unit.
marketwatch.com
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Bed Bath & Beyond Relaunches Its Market-Leading Gift Registry
Platform includes new and improved digital-first features and benefits through Partnership with MyRegistry Platform includes new and improved digital-first features and benefits through Partnership with MyRegistry
globenewswire.com
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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.
globenewswire.com
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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.
globenewswire.com
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Beyond Sets New Cyber 5 Sales Record, Revenue Grew 24% YoY
MIDVALE, Utah , Dec. 04, 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 record sales performance for the “Cyber 5” period from Thanksgiving Day (11/23) through Cyber Monday (11/27). The Company also announced that it has initiated a fixed cost restructuring plan targeting approximately $25 million of annualized reductions by early 2025.
globenewswire.com
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Beyond Board of Directors Unanimously Votes to Enhance Governance and Accountability through Declassification
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”).
globenewswire.com
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Allison Abraham and Marcus Lemonis to Serve as Co-Chairs of Beyond, Inc. Board of Directors
Leadership mandates intense restructure through reducing costs and evaluating lines of business, investments, and capital allocation while driving revenue and increasing active customer base.
globenewswire.com
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Bed Bath & Beyond CEO Departs Amid Investor Pressure
The CEO of Bed Bath & Beyond has resigned following pressure from an activist investor. The company, which rebranded from “Overstock.com” to Bed Bath & Beyond earlier this year after acquiring the bankrupt retailer, announced the resignation of Johnathan Johnson on Monday (Nov. 6).
pymnts.com
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Bed Bath & Beyond just removed the CEO who led its transition from Overstock.com
Bed Bath & Beyond CEO Jonathan Johnson is stepping down from his role, the company said Monday. The departure came suddenly, though the company said Johnson and Beyond parted under "mutual agreement.
businessinsider.com
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Activist investor forces out CEO of rebranded Bed Bath & Beyond
JAT Capital, which owns a 9.6% stake in Beyond, last week urged the board to replace CEO Johnson, arguing that he is to blame for the company's poor financial performance.
nypost.com
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Beyond CEO steps down amid Overstock transition
Beyond, the new Bed Bath & Beyond Inc. (NASDAQ:BBBY), surprised investors on Monday with the announcement that its CEO Jonathan Johnson is stepping down immediately. Johnson has led Overstock.com Inc. (NASDAQ:OSTK), which acquired Bed Bath and Beyond earlier this year, since 2019.
proactiveinvestors.com
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Bed Bath & Beyond CEO Steps Down as Overstock Rebrands Into Beyond
CEO Jonathan Johnson stepped down Monday the first day Overstock made its transition to newly named Beyond
barrons.com
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The new Bed Bath & Beyond's CEO is out just as the retailer transitions from Overstock.com
The CEO of the new Bed Bath & Beyond suddenly left the position Monday, the same day the company's planned corporate name change took effect.
cnbc.com
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Beyond CEO steps down as the former Overstock.com announces leadership transition
Beyond Inc. CEO Jonathan Johnson has stepped down as CEO and from the company's board, the former Overstock.com Inc. OSTK, +5.47% announced Monday. Johnson's departure follows a mutual agreement between the CEO and the board to transition the company to new leadership, according to a statement.
marketwatch.com
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Hedge fund JAT calls on Overstock.com to replace CEO - filing
Hedge fund JAT Capital urged the board of internet retailer Overstock.com to replace the company's chief executive officer, arguing that Jonathan E. Johnson III is to blame for poor financial performance.
reuters.com
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Only Way Is Up: Overstock.com Begins Its Transformation To Beyond Inc.
With the official name change from Overstock to Beyond Inc, the company is kicking the dust of Overstock's past off and moving forward to realize Beyond's future.
forbes.com
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Here's Why Overstock.com Shares Went Up Today
Overstock is trying to improve its prospects by leveraging the newly acquired Bed Bath & Beyond brand. One director apparently believes in the strategy, considering he just increased his ownership stake in the business.
fool.com
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This Overstock.com Director Just Bought $600,000 Worth of OSTK Stock
Providing a much-needed confidence boost, Overstock.com (NASDAQ: OSTK ) Director Marcus Lemonis recently bought roughly $600,000 worth of OSTK stock. The move comes following the underlying online retailer's disclosure of its third-quarter earnings report.
investorplace.com
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Overstock Set to Revive Bed Bath & Beyond's Iconic Big Blue Coupon
Several months back, Bed Bath & Beyond was not on anyone's radar as a player in the 2023 holiday season. However, Overstock.com's acquisition of the once-struggling retailer, which had gained favor among meme stock enthusiasts, is not just preserving its importance but also serving as a catalyst for the online retail giant.
pymnts.com
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How Overstock's CEO is planning to win consumers back
BedBath&Beyond.com CEO Jonathan Johnson said the company invested $150M to launch the brand, reignite the customer profile and ensure it maintained its core customers.
foxbusiness.com
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Overstock.com's (OSTK) Q3 Earnings Beat, Revenues Fall Y/Y
Overstock.com's (OSTK) third-quarter 2023 reflect a year-over-year decline in both the top and bottom lines.
zacks.com
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Overstock Targets New Users To Go Beyond Downbeat Third Quarter
Online home goods retailer Overstock missed analysts' expectations for Q3 2023, with revenue down 18.9% year on year to $373.3 million, it confirmed today.
forbes.com
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Overstock.com (OSTK) Reports Q3 Loss, Misses Revenue Estimates
Overstock.com (OSTK) came out with a quarterly loss of $0.61 per share versus the Zacks Consensus Estimate of a loss of $0.69. This compares to earnings of $0.13 per share a year ago.
zacks.com
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Overstock Announces Third Quarter 2023 Financial Results
Brand acquisition results in nearly 300,000 quarter-over-quarter active customers growth and positive year-over-year order growth Brand acquisition results in nearly 300,000 quarter-over-quarter active customers growth and positive year-over-year order growth
globenewswire.com
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Overstock (OSTK) to Report Q3 Earnings: What's in Store?
Overstock's (OSTK) third-quarter 2023 results are likely to reflect strength in the Bed Bath & Beyond brand. However, weakening consumer engagement in the housing market is likely to have been a concern.
zacks.com
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Dear OSTK Stock Fans, Mark Your Calendars for Nov. 6
Overstock (NASDAQ: OSTK ) is making headlines after the company announced that it would change its corporate name to Beyond on Nov. 6. Along with the name change, Overstock will also change its ticker to BYON from OSTK stock, while its shares will be transferred to the New York Stock Exchange (NYSE) from the Nasdaq.
investorplace.com
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Overstock.com to Change Corporate Name to Beyond Inc.
The company also switch its listing to the New York Stock Exchange and change its ticker symbol.
barrons.com
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Overstock to rename itself Beyond Inc. from Nov. 6 and switch listing to NYSE under new ticker ‘BYON'
Overstock.com Inc. OSTK, -1.48%, which operates as Bed Bath & Beyond ever since it acquired that bankrupt company's intellectual property in June, said Tuesday it is changing its corporate name to Beyond Inc., effective Nov. 6. The company said it will also transfer its stock listing to the New York Stock Exchange from Nasdaq and change the ticker to BYON.
marketwatch.com
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Overstock Heads into the Future as Beyond
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. will continue to operate its furniture and home furnishings ecommerce business under the Bed Bath & Beyond brand.
globenewswire.com
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Earnings Preview: Overstock.com (OSTK) Q3 Earnings Expected to Decline
Overstock (OSTK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
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Is the Worst Case Scenario Price into Overstock?
Online retailer Overstock.com Inc. NASDAQ: OSTK sells home décor and products at a discount. It renamed its online presence after acquiring the IP rights to Bed Beth & Beyond for $21.5 million in June 2023 from bankruptcy.
marketbeat.com
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Overstock.com (OSTK) Stock Pops on Activist Engagement
Shares of internet retailer Overstock.com (NASDAQ: OSTK ) — which primarily specializes in home décor and furniture — popped sharply on Monday. Driving the news was the disclosure of an activist investor holding a significant stake in OSTK stock.
investorplace.com
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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 ir@overstock.com in advance.
globenewswire.com
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Director Marcus Lemonis Is Doubling Down on Overstock (OSTK) Stock
Overstock.com (NASDAQ: OSTK ) may be turning a new corner after acquiring the Bed Bath & Beyond intellectual property address. One of the company's top executives certainly thinks so.
investorplace.com
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Overstock (OSTK) Moves 11.1% Higher: Will This Strength Last?
Overstock (OSTK) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
zacks.com
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This New Overstock Insider Just Loaded Up on OSTK Stock
In a show of confidence, entrepreneur Marcus Lemonis, recently appointed to the board of directors at online home goods retailer Overstock.com (NASDAQ: OSTK ) bought a significant number of shares of OSTK stock. Across two separate transactions, Lemonis acquired 64,800 shares, according to data from GuruFocus.
investorplace.com
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Overstock Appoints Marcus Lemonis to Board of Directors
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.
globenewswire.com
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5 Retail Trends to Watch During the Holiday Shopping Season
The 2023 holiday shopping season is fast approaching, and the expectations are for a sluggish season. Surveys from numerous consumer watchdogs suggest consumers continue to cut spending and plan to be frugal during the holidays.
marketbeat.com
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More U.S. companies have gone bankrupt in 2023 so far than all of 2022 or 2021
There have been more U.S. corporate bankruptcies so far in 2023 than in all of 2022 or 2021, as companies continue to struggle with high interest rates and a tight labor market.
marketwatch.com
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Overstock Chief Marketing Officer Angela Hsu resigns
Overstock.com Inc. OSTK, +0.19% on Monday said that Chief Marketing Officer Angela Hsu resigned from that position on Sept. 6 and that it will start looking for a replacement.
marketwatch.com
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The New Bed Bath & Beyond Announces Upcoming Conference Schedule
SALT LAKE CITY, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Bed Bath & Beyond, operated by Overstock.com, Inc. (NASDAQ:OSTK), announces participation in two upcoming investor conferences.
globenewswire.com
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Overstock.com Stock Drops Alongside Revenue
Shares of Overstock.com Inc (NASDAQ:OSTK), rebranded as Bed Bath & Beyond, were last seen down 25.1% at $20.54 and earlier hit a nearly three-month low after a disappointing online revenue update.
schaeffersresearch.com
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OSTK Stock Alert: ‘New' Bed Bath & Beyond Plunges on Disappointing Results
Overstock.com (NASDAQ: OSTK ), which is the new Bed Bath & Beyond, is seeing its stock fall on Wednesday with the release of its Q3 earnings data. Specifically, Overstock.com notes performance from its Bed Bath & Beyond websites following their launches in Canada and the U.S. in June.
investorplace.com
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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.
globenewswire.com
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The Market Is So Over Overstock
Since more than doubling from Memorial Day through National Ice Cream Sandwich Day (August 2nd), Overstock has plunged 30%. A name traders couldn't get enough of appears to be one they've now had enough of.
marketbeat.com
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OSTK Stock Alert: Overstock Unveils New Bed Bath & Beyond Website
Overstock (NASDAQ: OSTK ) stock is in the news Tuesday after the company launched the new website for Bed Bath & Beyond. Overstock purchased Bed Bath & Beyond back in June after the troubled retailer filed for bankruptcy.
investorplace.com
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Bed Bath & Beyond Returns As Online-Only Retailer Operated By Overstock
BedBathAndBeyond.com and Overstock.com have now become one combined online retailer.
forbes.com
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Overstock breathes life into Bed Bath & Beyond with rebranded website
Overstock.com Inc. has completed its rebrand with the launch of the “new” Bed Bath & Beyond website — bedbathandbeyond.com — in the U.S. on Tuesday.
marketwatch.com
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Overstock CEO has big plans for Bed, Bath & Beyond's leftovers
Overstock CEO Jonathan Johnson is taking the best from his company and Bed Bath & Beyond and combing them to create a powerhouse eCommerce brand in North America.
foxbusiness.com
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The New Bed Bath & Beyond Launched Today, Ushering Iconic Brand into the Future as a Bigger, Better E-Retailer
SALT LAKE CITY, Utah, Aug. 01, 2023 (GLOBE NEWSWIRE) -- The beloved home brand, Bed Bath & Beyond, is back! This leading consumer brand, which was purchased by Overstock.com, Inc. (NASDAQ:OSTK) in June, announced today the launch of BedBathandBeyond.com in the U.S. This launch marks a transformation for both Overstock and Bed Bath & Beyond, merging the best of both companies into a single online shopping destination under the Bed Bath & Beyond name.
globenewswire.com
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Overstock.com's (OSTK) Q2 Earnings Beat, Revenues Fall Y/Y
Overstock.com's (OSTK) second-quarter 2023 results reflect a year-over-year decline in both the top line and bottom line.
zacks.com
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2 Speculative Stocks With Explosive Growth Potential
Stock Strategist Andrew Rocco unveils two speculative stocks with enormous potential.
zacks.com
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Bed Bath & Beyond Acquisition Sends Overstock (OSTK) Stock Soaring
Shares of internet retailer Overstock (NASDAQ: OSTK ) are popping sharply on Thursday following the disclosure of its second-quarter earnings report. Encouragingly, Overstock beat Wall Street expectations for profitability and revenue, thus justifying the company's acquisition of the intellectual property (IP) of Bed Bath & Beyond (OTCMKTS: BBBYQ ).
investorplace.com
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Overstock.com, Inc. (OSTK) Q2 2023 Earnings Call Transcript
Overstock.com, Inc. (NASDAQ:OSTK ) Q2 2023 Earnings Call Transcript July 27, 2023 8:30 AM ET Company Participants Lavesh Hemnani - Head of Investor Relations Jonathan Johnson - Chief Executive Officer Adrianne Lee - Chief Financial Officer Dave Nielsen - President Conference Call Participants Seth Sigmund - Barclays Thomas Forte - D. A. Davidson Curtis Nagle - BOFA Anna Andreeva - Needham and Company Operator Good day and thank you for standing by.
seekingalpha.com
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Overstock.com (OSTK) Reports Q2 Loss, Tops Revenue Estimates
Overstock.com (OSTK) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to earnings of $0.19 per share a year ago.
zacks.com
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Overstock Announces Second Quarter 2023 Financial Results
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; Adjusted diluted net loss per share (non-GAAP) of $0.02 • Adjusted EBITDA (non-GAAP) of $8 million, which represents 2.0% of net revenue • Cash and cash equivalents totaled $343 million at the end of the second quarter “The acquisition of the Bed Bath & Beyond brand is the beginning of a new phase of growth for us,” said Overstock CEO Jonathan Johnson.
globenewswire.com
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Earnings Preview: Overstock.com (OSTK) Q2 Earnings Expected to Decline
Overstock (OSTK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
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Overstock Scheduled to Release Second Quarter 2023 Financial Results on July 27
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 ir@overstock.com in advance.
globenewswire.com
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Profit Taking Hits Home for Specialty Retailers
Stronger than expected economic data, including Thursday's sharp jump in private payrolls, sent stocks retreating from their July 3rd highs. Comments from Fed speakers around tightening monetary policy contributed to a three-day slide in the S&P 500 amid renewed worries of further interest rate hikes.
marketbeat.com
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Overstock Looks Beyond Overbought After Bed Bath Re-Brand
What do online home furnisher Overstock.com, Inc. NASDAQ: OSTK and clothing retailer Burlington Stores have in common? Both are turning to the bankrupt Bed Bath & Beyond to generate inexpensive growth.
marketbeat.com
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Overstock Shares Go Overboard on Bed Bath & Beyond Name
Buying the retailer's name is a shrewd move but doesn't justify the run-up in Overstock's share price.
wsj.com
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Overstock.com Rebrand To Bed Bath And Beyond Caps Its Transformation To 100% Home
Overstock.com is turning the headwinds created by its liquidator name into tailwinds under its newly acquired Bed Bath & Beyond brand name with its IP assets.
forbes.com
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Overstock's CEO explains why the surprise decision to rename the brand after bankrupt Bed Bath & Beyond is actually a brilliant move
Overstock.com acquired Bed Bath & Beyond's brand and digital assets for $21.5 million. The e-commerce company then announced it would adopt the iconic brand for its entire identity.
businessinsider.com
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Why Overstock.com Stock Jumped Today
Overstock.com is acquiring certain brand assets from Bed Bath & Beyond for $21.5 million in cash. Management sees the transaction as transformative for the business.
fool.com
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Overstock to relaunch Bed Bath & Beyond: ‘it describes who we are'
Overstock.com Inc (NASDAQ: OSTK) gained 20% on Thursday after announcing plans of changing its name to Bed Bath & Beyond. Overstock bought BBBY's intellectual property The stock market news follows its $21.5 million purchase of intellectual property and digital assets of the failed home goods retailer.
invezz.com
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Overstock.com shares spike 19% after company announces Bed Bath & Beyond website rebrand
Overstock CEO Jonathan Johnson said the Bed Bath & Beyond name better aligns with the company's products and maintains good brand awareness.
cnbc.com
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Overstock's plan to become Bed Bath & Beyond could double its sales, analyst says
Since Overstock.com Inc. transformed itself from a liquidator into an online furniture retailer, Chief Executive Jonathan Johnson has said he's been asked repeatedly why the company hasn't changed its name. Thanks to a deal announced Wednesday, the company on Thursday finally delivered on that sought-after name change, albeit to the name of a company that just filed for bankruptcy: Bed Bath & Beyond.
marketwatch.com
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OSTK Stock Alert: Overstock Surges 15% on Bed Bath & Beyond Deal
On Wednesday afternoon, The Wall Street Journal reported that online retailer Overstock.com (NASDAQ: OSTK ) completed a $21.5 million acquisition of specific intellectual-property assets of Bed Bath & Beyond (OTCMKTS: BBBYQ ). Earlier this year, the home goods retailer filed for bankruptcy, which left the company some options regarding its next moves.
investorplace.com
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Bed Bath & Beyond To Stay Online After Overstock.com Buys Rights To Bankrupt Retailer
Overstock.com acquired the bankrupt retail chain's intellectual property assets for $21.5 million and is dumping its name online.
huffpost.com
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Overstock.com (OSTK) Acquires Bed Bath & Beyond Brand and IP
Overstock.com (OSTK) completes the acquisition of Bed Bath & Beyond brand and its associated intellectual property.
zacks.com
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Overstock.com to change name to Bedbathandbeyond.com; stock surges
Overstock.com Inc shares climbed 16% to $29.66 in late-morning trading on Thursday after the e-commerce home goods retailer revealed that it will rebrand itself as Bedbathandbeyond.com, following the completion of its $21.5 million acquisition of Bed Bath & Beyond's intellectual property and digital assets. Overstock noted that it will relaunch the Bed Bath & Beyond website in Canada within the next week, followed by a rollout of a website, mobile app and loyalty program in the US “weeks later,” as the company hopes that adopting the Bed Bath & Beyond brand name will help boost its falling sales.
proactiveinvestors.com
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Overstock.com Rebrands Following Bed Bath and Beyond Purchase
Overstock.com is changing its name. The online home furnishing seller has completed its $21.5 million acquisition of Bed Bath & Beyond's (BBBY) intellectual property, and with it, taken the failed retailer's name, according to a Wednesday (June 28) press release.
pymnts.com
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Overstock.com is changing its name. It's one you may recognize
Overstock.com, one of the biggest names in e-commerce, is ditching its name for something just as recognizable: Bed Bath & Beyond.
cnn.com
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5 Things to Know Before Markets Open
Fed Chair Jerome Powell said bank failures showed more regulation is needed and shares of Micron rose after the chipmaker beat revenue expectations. Here's what investors need to know today.
investopedia.com
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Overstock.com to relaunch Bed Bath & Beyond website after buying intellectual property for $21.5M
Bed Bath & Beyond, which filed for bankruptcy in April, is also making good progress in winding down its store footprint, the company's attorney said.
nypost.com
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Overstock Buys Bed Bath & Beyond Intellectual Property
The $21.5 million deal includes the retailer's website, domain names, trademarks, and customer and loyalty-program assets.
wsj.com
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Overstock.com will change website name to Bed Bath & Beyond as deal closes
Overstock.com has completed its acquisition of Bed Bath & Beyond's intellectual property and plans to move its website under Bed Bath's domain.
cnbc.com
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Overstock acquires Bed Bath & Beyond brand, intellectual property
Online furniture retailer Overstock.com Inc. OSTK, +6.11% on Wednesday said it had acquired the brand and intellectual property of bankrupt home-goods chain Bed Bath & Beyond. The announcement comes a day after a bankruptcy judge approved Overstock's $21.5 million bid to buy the assets — which will include Bed Bath & Beyond's website and domain names, customer database and loyalty program data, along with trademarks and patents.
marketwatch.com
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Overstock Buys Intellectual Property to Rename as Bed Bath & Beyond
The online retailer is renaming its website and its mobile app after buying the intellectual property of the bankrupt home-goods store.
nytimes.com
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Overstock Acquires Bed Bath & Beyond Brand and Other Intellectual Property
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 process. Overstock is hosting a conference call tomorrow, June 29, 2023 at 8.30 a.m. ET, to discuss the transaction.
globenewswire.com
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Judge approves Overstock's $21.5 million purchase of Bed Bath & Beyond's brand
A US bankruptcy judge on Tuesday approved Overstock.com's $21.5 million purchase of Bed Bath & Beyond's brand name, intellectual property and ecommerce platform.
cnn.com
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Bankruptcy judge approves Overstock's bid to buy Bed Bath & Beyond assets
Overstock.com shares OSTK, +4.38% rose Tuesday as a judge approved its $21.5 million bid to buy the assets of bankrupt retail chain Bed Bath & Beyond Inc.
marketwatch.com
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What's next for Bed, Bath & Beyond now that Overstock.com has bought its assets?
Overstock.com's stock price jumped on Thursday after the company won its bid for Bed Bath & Beyond. Here's what the purchase could mean for the future of the brand.
fastcompany.com
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Overstock.com Wins Auction for Bed Bath and Beyond Digital and Other Assets
Bankrupt Bed Bath and Beyond Inc. is expected to sell its intellectual property and some of its digital assets to online retailer Overstock.com Inc. for $21.5 million, according to court documents filed Thursday in U.S. District Court.
pymnts.com
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Why Overstock.com Shares Jumped Today
Overstock is on track to acquire the Bed Bath & Beyond brand and other assets. All Bed Bath & Beyond retail locations will still be closing.
fool.com
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5 Investors Betting Big on Overstock (OSTK) Stock Now
Overstock (NASDAQ: OSTK ) stock is surging higher by about 20% today after it was announced that the internet retailer had won the auction to acquire bankrupt Bed Bath & Beyond's (OTCMKTS: BBBYQ ) intellectual property (IP) and digital assets for $21.5 million. This includes the Bed Bath name, “business data and online properties.
investorplace.com
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Overstock's shares soar on successful $21.5 million bid for Bed Bath & Beyond assets
Shares of Overstock.com Inc. rocketed 19.6% Thursday on news of the online retailer's successful bid for bankrupt Bed Bath & Beyond Inc. assets.
marketwatch.com
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These 2 Nasdaq Stocks Are Jumping by Leaps and Bounds Thursday
The Nasdaq Composite has consistently outpaced other indexes in 2023. Overstock.com won an auction for certain assets of Bed Bath & Beyond.
fool.com
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Overstock.com pays over $21.5M for Bed Bath & Beyond assets at auction
Overstock.com's auction win includes Bed Bath & Beyond's intellectual property and mobile platform, though the home good's retailer's stores are not part of the purchase.
foxbusiness.com
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Overstock Wins Auction for Some Bed Bath & Beyond Assets for $21.5 Million
Overstock won an auction for some of Bed Bath & Beyond's intellectual property rights and digital assets for $21.5 million.
investopedia.com
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OSTK Stock Alert: Overstock Wins Bed Bath & Beyond Auction
Overstock (NASDAQ: OSTK ) is trending on social media, and OSTK stock is up about 10% after investors learned that the retailer has won the auction for some of the bankrupt Bed Bath & Beyond's (OTCMKTS: BBBYQ ) assets. This comes after Overstock entered a stalking horse bid earlier in June.
investorplace.com
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Overstock.com Wins Bed Bath & Beyond Bid
The company is conducting a separate auction process for Buybuy Baby, its strongest asset.
barrons.com
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Overstock Wins $21.5 Million Bid For Bed Bath And Beyond Name
Bed Bath & Beyond will live on in name—and not much else—after Overstock.com won a bankruptcy auction for its brand and digital assets, according to court documents filed Thursday.
forbes.com
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Overstock.com shares set to rise on successful $21.5M Bed Bath & Beyond bid
Overstock.com Inc. (NASDAQ:OSTK) shares shot up in pre-market trading after it won the auction to buy Bed Bath & Beyond Inc. (NASDAQ:BBBY)'s intellectual and digital assets for $21.5 million. The Midvale, Utah-based internet retailer's stalking horse bid set the floor the in bankruptcy-run auction, according to CNBC, which first reported on the auction results.
proactiveinvestors.com
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Overstock.com wins auction for Bed Bath & Beyond's intellectual property, digital assets
E-commerce discounter Overstock.com will buy Bed Bath & Beyond's intellectual property and digital assets for $21.5 million.
cnbc.com
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Overstock (OSTK) Soars 6.6%: Is Further Upside Left in the Stock?
Overstock (OSTK) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
zacks.com
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Overstock.com Offers $21.5 Million for Bed Bath & Beyond Assets
Overstock.com has put in a $21.5 million bid for some of Bed Bath & Beyond's assets, including its intellectual property, business internet, and mobile properties, and all business data, CNBC reported Tuesday (June 13). This comes after the bankrupt retailer sought Chapter 11 protection in April, following months of failed turnaround efforts and bankruptcy warnings.
pymnts.com
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BBBYQ Stock Alert: Overstock Just Made a Bid for Bed Bath & Beyond
Now-bankrupt retailer Bed Bath & Beyond (OTCMKTS: BBBYQ ) may finally have its final resting place of sorts, and it may come as a surprise for BBBYQ stock fans: Overstock.com (NASDAQ: OSTK ). The online retailer just placed a $21.5 million bid for Bed Bath's assets as its stalking horse bidder.
investorplace.com
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Overstock.com bids $21.5 million for Bed Bath & Beyond intellectual property assets
Online retailer Overstock.com's $21.5 million bid for Bed Bath & Beyond's intellectual property will set the floor for a bankruptcy-run auction.
cnbc.com
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BBBYQ Stock: Will Overstock Bail Out Bed Bath & Beyond?
All eyes are on Bed Bath & Beyond (OTCMKTS: BBBYQ ) stock ahead of its stalking horse deadline on June 8. A report from The Wall Street Journal that e-commerce company Overstock (NASDAQ: OSTK ) is interested in making a deal for the intellectual property of the embattled retailer is making the rounds as well.
investorplace.com
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