Bed Bath & Beyond, Inc. (NYSE: BBBY) reported second-quarter net revenue of $361 million for the three months ended June 30, 2026, a 28% increase from the same period a year earlier, marking the company's second consecutive quarter of year-over-year revenue growth following nineteen quarters of decline.

Active customers rose 47% year-over-year to 6.4 million, while orders delivered grew 117% to 2.8 million. Orders per active customer increased to 1.79 from 1.32 in the prior-year period. The company attributed the gains in part to the acquisition of The Brand House Collective, which owns the Kirkland's and Kirkland's Home brands, completed during the quarter.

Gross profit was $97 million, or 26.8% of net revenue. The company reported a net loss of $39 million, compared with a net loss of $19 million in the same period a year earlier. The current period included $21 million in special items, primarily acquisition-related costs, restructuring charges, and non-cash store-closure impairments. Adjusted EBITDA was negative $12 million, compared with negative $8 million a year earlier. Cash, cash equivalents, and restricted cash totaled $126 million at quarter end.

The company also announced it plans to rename its parent entity Neighborhood Intelligence and move its stock listing from NYSE to Nasdaq under the ticker NXH. The last day of trading on the NYSE is expected to be August 14, 2026, with the first day on Nasdaq set for August 17, 2026. The company also said it plans to relocate its corporate headquarters to Nashville, Tennessee.

Following the quarter's end, the company closed its acquisition of The Container Store, Elfa, and Closet Works on July 8, 2026. It also announced definitive agreements to acquire Fathom Holdings Inc. and F9 Brands Inc. The company said it believes it can remove more than $50 million in annualized costs over the next twelve months by consolidating acquired businesses onto a single platform.

"After eight quarters of meaningful operating improvement, we have now delivered two consecutive quarters of revenue growth following nineteen quarters in the other direction," said Marcus Lemonis, Executive Chairman and Chief Executive Officer, according to the press release.