BBBY: Q2 revenue up 28% with margin gains; rebranding as Neighborhood Intelligence, targeting 30%+ margins
Revenue grew 28% year-over-year in Q2, with gross margin up 310 basis points to 26.8% and orders doubling, driven by acquisitions and omni-channel integration. The company is rebranding as Neighborhood Intelligence, targeting 30%+ gross margins and positive cash generation in 2027.Based on Bed Bath…