- Bed Bath & Beyond signed a letter of intent to buy equity interests and substantially all assets of F9 Brands, owner of Cabinets To Go and Lumber Liquidators.
- Headline purchase price set at nearly USD 150 million, including USD 37 million cash and 16 million BBBY shares priced at USD 7 each.
- Seller may receive a one-time USD 25 million earnout if F9 Brands reaches USD 20 million EBITDA in any of next five calendar years.
- F9 Brands generated about USD 522 million in fiscal 2025 net delivered sales, with about USD 130 million of inventory on hand.
- Closing targeted for after Bed Bath & Beyond annual shareholder meeting in May 2026, with Jason Delves slated to lead Beyond Home Services.
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. Bed Bath & Beyond Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202604080800BIZWIRE_USPR_____20260408_BW809569) on April 08, 2026, and is solely responsible for the information contained therein.
Comments