Beyond, Inc. Announces Sale of Corporate Headquarters Closing
Beyond, Inc. (BYON)
Company Research
Source: GlobeNewswire
— Company On Track to Deliver $65 Million Annualized Fixed Cost Reduction — — Company to Maintain Presence in Salt Lake City — MIDVALE, Utah, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Beyond, Inc. (NYSE:BYON), owner of Bed Bath & Beyond, Overstock, Zulily, and other online retail brands designed to unlock your family’s and home’s potential (“the Company”), today announced that it has completed the transaction with Salt Lake County to sell the Company’s corporate headquarters located in Midvale, Utah on December 20, 2024. The sale of the corporate headquarters aligns with the Company’s strategic plan to reduce debt and fixed costs, free up capital for new growth opportunities, and generate cash flow. “I am pleased to report we have delivered almost 90% of our $65 million annualized fixed cost expense reduction while making sequential progress on our critical business KPIs, with meaningful improvement in December,” said Adrianne Lee, Chief Financial and Administrative Officer. “We have lea
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BYON
Earnings
- 10/24/24 - Beat
BYON
Sec Filings
- 12/20/24 - Form 8-K
- 11/22/24 - Form 8-K
- 11/14/24 - Form SC
- BYON's page on the SEC website