Beyond sets new cyber 5 sales record, revenue grew 24% yoy

Midvale, utah , dec. 04, 2023 (globe newswire) -- beyond, inc., (nyse: byon) (“beyond” or the “company”), the parent company of online furniture and home furnishings retailer bed bath & beyond, formerly known as overstock, today announced record sales performance for the “cyber 5” period from thanksgiving day (11/23) through cyber monday (11/27). the company also announced that it has initiated a fixed cost restructuring plan targeting approximately $25 million of annualized reductions by early 2025.
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