Bed Bath & Beyond, Inc. (BBBY) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you, operator. Good afternoon, and welcome to FedBath and Beyond, Inc.' 's third quarter 2025 earnings conference call. Joining me on the call today are executive chairman and principal executive officer, Marcus Limonis, and president and chief financial officer, Adrienne Lee. I'm also joined by Alex Thomas, chief operating officer. Today's discussion and our responses to your questions reflect management's views as of today, October 27, 2025, and may include forward-looking statements, including without limitation, statements regarding our quarterly earnings reporting, forecasts of and plans for our growth, revenue improvement, profitability or sustained profitability, business strategy, including plans for enhancing customer and shopping experience, our long-term goal of becoming the everything home company, margin consistency, improved conversion, expected conversions of retail locations, planned expense reductions, value and monetization of our intellectual property, future strategic ventures, including in prop tech solutions, improved financial performance, progress of and plans for the platforms we invest in, plans for improved efficiencies and technology-based solutions, including AI-driven strategies, and timing of any of the foregoing. Actual results could differ materially from such statements. Additional information about risks, uncertainties, and other important factors that could potentially impact our financial results is included in our Form 10-K for the year ended December 31, 2024, our Form 10-Q for the fiscal period ended September 30, 2025, and in our subsequent filings with the SEC. During this call, we'll discuss certain non-GAAP financial measures. Our filings with the SEC, including our third quarter earnings release, which is available o...