Beyond, Inc. issued an update on its agreement to acquire a minority stake in The Container Store, warning the deal might fall through if The Container Store can’t secure new financing. The pending $40 million investment transaction might collapse, Beyond...
The Container Store Group received an extension on its deadline to secure a qualified financing transaction from November 14, 2024, from today to December 6, 2024. The Container Store entered into an amendment on October 8, 2024, to its existing term loan credit...
The Container Store missed Wall Street expectations in its second-quarter recent agreement by Beyond, Inc. to take a significant ownership stake in the organization specialty retailer. Consolidated net loss by The Container Store in its second quarter was $16.1...
Beyond Inc. Executive Chairman Marcus Lemonis has acquired 156,985 shares of Beyond’s common stock for $6.37 a share, a total value of $999,994, according to a recent SEC filing. Lemonis now holds 365,530 shares of the company. Lemonis’ share purchase follows Beyond’s...
In the midst of rapidly instituted changes as it reconfigures into a new, holding company-style operation, Beyond posted lower third-quarter sales and bigger losses that fell short of Wall Street expectations. Net loss was $61 million, or $1.33 per diluted share,...
