NYSE$BBBY
Bed Bath & Beyond Inc · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Reported strong financial results driven by significant revenue growth and improved profitability.
Overstock reported a strong first quarter in 2021, with net revenue increasing by 94% year-over-year to $660 million and income from continuing operations improving by $40 million to $26 million.
- Net revenue increased by 94% year-over-year to $660 million.
- Income from continuing operations increased by $40 million year-over-year to $26 million.
- Active customers reached 9.9 million, a 92% increase year-over-year.
- Adjusted EBITDA improved by $40 million year-over-year to $34 million.
Headline financials
Revenue & EPS history
Beyond · Revenue · Quarterly
$660M
Forward guidance
Overstock is well positioned to sustain its profitable path through 2021 and beyond.
Tailwinds
- Strong momentum reflects strategic focus on home business.
- Operational changes are paying off.
- Net revenue increased significantly.
- Active customers nearly doubled.
- Strategic partnership with Pelion Venture Partners closed ahead of schedule.
Headwinds
- Duration of the COVID-19 pandemic and its impact on business.
- Adverse tax, regulatory or legal developments.
- Competition, including how such factors will be impacted as the pandemic subsides.
- Inherent risks associated with the businesses that Medici Ventures and tZERO are pursuing.
- Difficulties with infrastructure, fulfillment partners or payment processors, including cyber-attacks or data breaches.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
+1.2%
Avg return
Earnings day
+1.5%
Avg return
5 days after
+2.9%
Avg return
30 days after
46%
30 / 65 earnings
Positive
+63.4%
Q1 2013
Best reaction
-33.1%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -4.8% | -3.0% | +14.4% | |
| Q3 2025 | +1.9% | +1.8% | -32.5% | |
| Q2 2025 | -2.2% | -1.7% | +14.8% | |
| Q1 2025 | -0.7% | -4.3% | +58.1% | |
| Q4 2024 | +7.4% | -7.7% | -19.2% | |
| Q3 2024 | -33.1% | -29.1% | -39.8% | |
| Q2 2024 | -11.2% | -24.8% | -26.1% | |
| Q1 2024 | -25.9% | -24.3% | -31.8% | |
| Q4 2023 | +2.6% | +13.2% | +33.3% | |
| Q3 2023 | -9.0% | +2.0% | +3.8% | |
| Q2 2023 | +12.5% | +19.2% | -20.5% | |
| Q1 2023 | +12.7% | +10.7% | +0.1% | |
| Q4 2022 | -1.8% | -5.9% | -7.5% | |
| Q3 2022 | -2.5% | -10.2% | -0.9% | |
| Q2 2022 | +2.5% | +2.4% | -7.7% | |
| Q1 2022 | +6.8% | +20.2% | +2.8% | |
| Q4 2021 | +45.4% | +56.1% | +28.5% | |
| Q3 2021 | +23.4% | +31.4% | +19.5% | |
| Q2 2021 | -7.6% | -9.7% | -2.5% | |
| Q1 2021 | +15.1% | +10.5% | +20.6% | |
| Q4 2020 | -20.4% | -17.1% | -25.6% | |
| Q3 2020 | -22.1% | -16.1% | -3.7% | |
| Q2 2020 | +24.4% | +35.7% | +59.6% | |
| Q1 2020 | -0.8% | +16.7% | +52.1% | |
| Q4 2019 | -22.3% | -7.0% | +118.2% | |
| Q3 2019 | -13.7% | -11.6% | -21.8% | |
| Q2 2019 | +14.0% | -6.8% | -23.5% | |
| Q1 2019 | +14.1% | +6.8% | -21.4% | |
| Q4 2018 | -5.9% | -9.9% | -24.1% | |
| Q3 2018 | -16.4% | -13.6% | -15.6% | |
| Q2 2018 | +12.7% | -11.0% | -29.6% | |
| Q1 2018 | -5.3% | -2.9% | -8.1% | |
| Q4 2017 | -5.8% | -4.2% | -22.9% | |
| Q3 2017 | +29.5% | +39.2% | +11.4% | |
| Q2 2017 | +10.0% | +10.3% | +54.2% | |
| Q1 2017 | -9.1% | -10.9% | -15.5% | |
| Q4 2016 | +5.4% | +1.2% | +10.8% | |
| Q3 2016 | +11.0% | +13.5% | +18.5% | |
| Q2 2016 | -2.3% | -2.3% | -6.6% | |
| Q1 2016 | +0.1% | — | — | |
| Q4 2015 | +18.9% | — | — | |
| Q3 2015 | -20.3% | — | — | |
| Q2 2015 | +5.0% | — | — | |
| Q1 2015 | -12.7% | — | — | |
| Q4 2014 | -2.3% | — | — | |
| Q3 2014 | +18.5% | — | — | |
| Q2 2014 | +18.8% | — | — | |
| Q1 2014 | -13.0% | — | — | |
| Q4 2013 | -26.0% | — | — | |
| Q3 2013 | -11.1% | — | — | |
| Q2 2013 | +14.7% | — | — | |
| Q1 2013 | +63.4% | — | — | |
| Q4 2012 | +6.9% | — | — | |
| Q3 2012 | +41.6% | — | — | |
| Q2 2012 | -0.5% | — | — | |
| Q1 2011 | +8.0% | — | — | |
| Q1 2012 | +1.5% | — | — | |
| Q4 2011 | -14.5% | — | — | |
| Q4 2009 | -14.5% | — | — | |
| Q3 2010 | -4.5% | — | — | |
| Q3 2011 | -4.5% | — | — | |
| Q4 2010 | -15.0% | — | — | |
| Q2 2011 | -15.0% | — | — | |
| Q2 2010 | -15.0% | — | — | |
| Q1 2010 | +23.4% | — | — |
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