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The Brand House Collective (Nasdaq: TBHC) reported third quarter fiscal 2025 results for the 13-week and 39-week periods ended November 1, 2025. Q3 net sales were $103.5M versus $114.4M a year earlier, with consolidated comparable sales down 7.4% and e-commerce down 34.6% while comparable store sales rose 1.7%.
Gross profit fell to $21.1M (20.4% of sales) from $32.1M (28.1%), citing liquidation activity and tariff costs. Adjusted net loss was $13.6M and adjusted EBITDA was a $9.9M loss. Inventory declined to $88.9M from $111.2M. Cash was $6.5M with $61.6M of outstanding debt on Nov 1, 2025; liquidity improved by Dec 15 with $12.2M revolver availability and $20.0M available from Beyond.
Bed Bath & Beyond (NYSE: BBBY) and The Brand House Collective announced on Dec 9, 2025 that Nora Gomez has been appointed Chief Merchandising Officer for Bed Bath & Beyond and its family of brands.
Gomez brings over 20 years of experience in assortment strategy, global sourcing, and multi-channel execution, most recently serving as CMO at Nebraska Furniture Mart. Leadership says she will drive margin expansion, inventory productivity, and customer transaction growth, and align product strategy across the portfolio including Bed Bath & Beyond, Overstock, buybuy BABY, and Kirkland's Home as the company enters 2026.
The release highlights the company’s omnichannel footprint, referencing its e-commerce platform and a store base described as 250+ stores (and Brand House Collective operating more than 300 stores across 35 states).
Bed Bath & Beyond (NYSE: BBBY) announced on December 5, 2025 that Glen Cary has been appointed Chief of Stores for Bed Bath & Beyond and its family of brands. Cary returns with more than 25 years of retail leadership, including over a decade previously at Bed Bath & Beyond where he served as Chief of Stores and president of buybuy BABY. The appointment aims to drive store sales, operational excellence, real estate strategy, and a capital-efficient store modernization across stores, digital, and franchise channels.
Bed Bath & Beyond (NYSE: BBBY) agreed to acquire The Brand House Collective (Nasdaq: TBHC) in a stock-for-stock merger announced Nov 24, 2025. The deal implies an equity value of ~$26.8 million based on Nov 21, 2025 closing prices, with an exchange ratio of 0.1993 BBBY shares per TBHC share. Bed Bath & Beyond currently holds ~40% of TBHC and advanced $10 million to TBHC for store conversions. The combined company expects to unlock at least $20 million in cost eliminations, close >40 underperforming stores in early 2026, and target closing in Q1 2026, subject to shareholder and lender approvals.
The Brand House Collective (Nasdaq: TBHC) announced the appointment of Lisa Foley as Chief Marketing Officer on October 27, 2025. Foley will report to CEO Amy Sullivan and serve as a shared marketing leader with Bed Bath & Beyond Inc., overseeing omnichannel marketing, customer engagement, and brand performance across Bed Bath & Beyond, buybuy Baby, Kirkland's Home, and Overstock.
Foley brings more than 20 years of retail marketing experience, including recent roles as VP of Marketing at Pink Lily and prior leadership at Kirkland's, Crate & Barrel, Claire's, and Mars Petcare; she has also taught digital marketing at Vanderbilt University.
The Brand House Collective (NASDAQ: TBHC), formerly Kirkland's, announced significant business developments and Q2 fiscal 2025 results. The company successfully launched its first Bed Bath & Beyond Home store and sold Kirkland's Home IP to Bed Bath & Beyond for $10 million. Additionally, they secured a $20 million credit agreement expansion with Bed Bath & Beyond.
Q2 2025 financial results showed net sales of $75.8 million, down from $86.3 million year-over-year, with a net loss of $20.2 million. The quarter was impacted by tornado damage at their distribution center and strategic inventory liquidation. The company plans to convert all Kirkland's Home stores to Bed Bath & Beyond stores within 24 months and expand into wholesale markets.
The Brand House Collective (NASDAQ: TBHC), formerly known as Kirkland's, will release its second quarter fiscal 2025 financial results before market open on Tuesday, September 16, 2025. The company will host a conference call at 9:00 a.m. Eastern Time to discuss the results.
The Brand House Collective operates as a multi-brand merchandising, supply chain and retail operator, managing brands including Kirkland's Home, Bed Bath & Beyond Home, Bed Bath & Beyond, buybuy Baby, and Overstock. The company maintains over 300 stores across 35 states and operates e-commerce platforms through kirklands.com and bedbathandbeyondhome.com.
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