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