The Brand House Collective, Inc. reported net sales of $75.788 million for the second quarter of fiscal 2025, compared to $86.289 million in the prior year quarter. The company recorded a net loss of $20.179 million, or $0.90 per diluted share, for the quarter, compared to a net loss of $14.504 million, or $1.11 per diluted share, in the prior year.
The debut of the first Bed Bath & Beyond Home store was met with overwhelming demand, exceeding expectations and affirming the strength of the iconic brand. This early success provides confidence to accelerate the conversion of Kirkland's Home stores. The company also announced the sale of the Kirkland's Home intellectual property to Beyond, Inc., a move expected to accelerate conversions and unlock wholesale expansion opportunities.
Second quarter results were significantly impacted by tornado damage at the company's distribution center and a deliberate decision to liquidate select inventory ahead of expanding Bed Bath & Beyond assortments. These factors were the primary drivers of the year-over-year decline in profitability and created near-term pressure on sales, particularly in e-commerce. As of August 2, 2025, the company had a cash balance of $3.641 million and total debt, including related party debt, of $54.956 million.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.