BED BATH & BEYOND, INC.

Bed Bath & Beyond, Inc. has entered into a Merger Agreement and Plan of Reorganization with Fathom Holdings Inc. (FTHM). Under the agreement, Fathom Merger Sub, Inc. will merge with and into FTHM, with FTHM surviving as a wholly owned subsidiary of Bed Bath & Beyond. FTHM common stock will be converted into 0.2236 shares of Bed Bath & Beyond common stock. The agreement also details the treatment of FTHM stock options, restricted stock awards, RSUs, and PSUs.

Bed Bath & Beyond, Inc. announced the appointment of Tamara Ward to its Board of Directors, effective May 15, 2026. Ms. Ward will also serve as Chair of the Compensation Committee and a member of the Audit Committee. Concurrently, Brian LaRose, the company's Chief Financial Officer, was appointed as Principal Accounting Officer, succeeding Leah Putnam.

Bed Bath & Beyond, Inc. stockholders approved a significant amendment to the company's Certificate of Incorporation, increasing the number of authorized common stock shares from 100,000,000 to 200,000,000. Additionally, stockholders approved an amendment to the 2005 Equity Incentive Plan, adding 4,291,000 newly authorized shares for issuance. These approvals occurred at the 2026 Annual Meeting, where directors were elected, KPMG LLP was ratified as auditor, and executive compensation was approved on an advisory basis.

BED BATH & BEYOND, INC. completed the acquisition of The Brand House Collective, Inc. on April 2, 2026, gaining 100% ownership. For Q1 2026, the company reported a net loss of $16.4 million, a significant improvement from $39.9 million in Q1 2025, on net revenue of $247.8 million, up 6.9% year-over-year. Net cash used in operating activities also improved to $11.8 million from $50.9 million in the prior year.

Bed Bath & Beyond, Inc. reported a significant narrowing of its net loss for the first quarter ended March 31, 2026, to $(16.4) million, an improvement from $(39.9) million in the prior year. Net revenue increased 7% to $247.8 million. The company also completed the acquisition of The Brand House Collective, Inc. on April 2, 2026, and fully drew $30.0 million from its Delayed Draw Term Loan Commitments to the acquired entity. However, cash and cash equivalents saw a sequential decrease.

Bed Bath & Beyond, Inc. reported its first quarter 2026 financial results, highlighting a significant return to revenue growth after 19 quarters and improved profitability. The company announced plans to acquire The Container Store, Elfa, and Closet Works, aligning with its "Everything Home 3 pillar ecosystem" strategy. These strategic advancements and financial discipline position the company for long-term shareholder value.