Bed Bath & Beyond shares rise 10.22% intraday as director buys stock, company acquires The Brand House Collective, and CEO outlines 2026 growth strategy and housing market recovery.
ByAinvest
Friday, Mar 13, 2026 10:51 am ET1min read
BBBY--
Bed Bath & Beyond surged 10.22% intraday, driven by a director's stock purchase, the acquisition of The Brand House Collective, and the CEO's optimistic outlook on Q4 revenue and housing market recovery. The company reported a 20,000-share purchase by director Joseph J. Tabacco Jr. at $5.11, boosting his holdings to 167,209 indirect and 11,506 direct shares. The acquisition of The Brand House Collective, valued at $26.8 million, will integrate Kirkland's Home and Bed Bath & Beyond Home into a unified brand portfolio. CEO Marcus Lemonis highlighted narrowing Q4 revenue gaps and emphasized 2026 growth strategies aligned with housing market recovery.
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