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On the Record · Bed Bath & Beyond (DK-Butterfly-1)

Bed Bath & Beyond (DK-Butterfly-1) acquisitions, on the record

The businesses Bed Bath & Beyond (DK-Butterfly-1) bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
One Kings Lane
Word for word“During fiscal 2020 , we divested of five non-core banners, including One Kings Lane in the first quarter, PersonalizationMall.com in the second quarter, Linen Holdings and Christmas Tree Shops in the third quarter and Cost Plus World Market in the fourth quarter, generating approximately $534 million in net proceeds, which are expected to be used to reinvest in our core business operations to drive growth, fund share repurchases, reduce our outstanding debt, or some combination of these.” 10-K for 2021
divestiturefiscal 2020—
PersonalizationMall.com (PMall)
Word for word“During fiscal 2020 , we divested of five non-core banners, including One Kings Lane in the first quarter, PersonalizationMall.com in the second quarter, Linen Holdings and Christmas Tree Shops in the third quarter and Cost Plus World Market in the fourth quarter, generating approximately $534 million in net proceeds, which are expected to be used to reinvest in our core business operations to drive growth, fund share repurchases, reduce our outstanding debt, or some combination of these.” 10-K for 2021
divestiture——
Linen Holdings
Word for word“The Institutional Sales operating segment, comprised of Linen Holdings, was divested in October 2020.” 10-K for 2021
divestitureOctober 2020—
Christmas Tree Shops
Word for word“During fiscal 2020 , we divested of five non-core banners, including One Kings Lane in the first quarter, PersonalizationMall.com in the second quarter, Linen Holdings and Christmas Tree Shops in the third quarter and Cost Plus World Market in the fourth quarter, generating approximately $534 million in net proceeds, which are expected to be used to reinvest in our core business operations to drive growth, fund share repurchases, reduce our outstanding debt, or some combination of these.” 10-K for 2021
divestiture——
Cost Plus World Market
Word for word“The transaction closed during the fourth quarter of fiscal 2020, generating approximately $63.7 million in proceeds, subject to certain working capital and other adjustments.” 10-K for 2021
agreed divestiture—approximately $63.7 million in proceeds
PersonalizationMall.com
Word for word“In February 2020, we entered into a definitive agreement to sell PersonalizationMall.com ("PMall") to 1-800-FLOWERS.COM.” 10-K for 2022
agreed divestitureFebruary 2020—
Institutional Sales unit
Word for word“The Institutional Sales unit was divested in October 2020.” 10-K for 2022
divestitureOctober 2020—
Institutional Sales
Word for word“In Fiscal 2020 , we accounted for our operations as two operating segments: North American Retail and Institutional Sales, the latter of which did not meet the quantitative thresholds under GAAP and, therefore, was not a reportable segment, and which was divested in October 2020.” 10-K for 2023
divestitureOctober 2020—
One Kings Lane, PersonalizationMall.com, Linen Holdings, Christmas Tree Shops and Cost Plus World Market
Word for word“During Fiscal 2020, we divested five non-core banners, including One Kings Lane in the first quarter, PersonalizationMall.com in the second quarter, Linen Holdings and Christmas Tree Shops in the third quarter and Cost Plus World Market in the fourth quarter, generating approximately $534 million in net proceeds.” 10-K for 2023
divestitureDuring Fiscal 2020approximately $534 million in net proceeds
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Cash received from selling businesses
2017-02-25$201.3 million—
2018-03-03$6.1 million—
2019-03-02$0$0
2020-02-29$0$0
2021-02-27—$534.5 million
2022-02-26—$0
2023-02-25—$0

Deal filings since 2016

Read from Bed Bath & Beyond (DK-Butterfly-1)’s annual reports (10-K for 2023, 10-K for 2022, 10-K for 2021) and the financial data it files with the SEC, as of 2023-06-14. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.