Beyond, Inc. (NYSE:BYON), the owner of brands such as Bed Bath & Beyond, Overstock, and buybuy BABY, reported its financial results for the second quarter ended June 30, 2025. The company achieved net revenue of $282 million, representing a 29.1% decrease compared to the same period in 2024. Despite the decline in revenue, Beyond, Inc. reported a gross profit of $67 million, or 23.7% of net revenue, marking a 360 basis points improvement year-over-year. Sales and marketing expenses were reduced to $38 million, or 13.5% of net revenue, showing a 320 basis points improvement from the previous year. Technology and general and administrative expenses decreased by $9 million, totaling $37 million compared to $46 million in 2024. The company recorded a net loss of $19 million for the quarter. Adjusted EBITDA (non-GAAP) improved by $28 million year-over-year, reaching a negative $8 million. Cash, cash equivalents, restricted cash, and inventory amounted to $156 million at the end of the second quarter. Beyond, Inc. emphasized its strategic focus on strengthening its core e-commerce retail and highlighted the opening of a small-format Bed Bath & Beyond Home store in Nashville, Tennessee, as part of its growth initiatives.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beyond Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250728525456) on July 28, 2025, and is solely responsible for the information contained therein.
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