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00:02Bed Bath & Beyond shares rose over 10% Wednesday after the company confirmed plans to expand into
00:08home services, according to Benzinga. The move follows Bed Bath & Beyond's nearly $150 million
00:13acquisition of F9 brands, which includes cabinets-to-go and lumber liquidators. The deal
00:18includes $37 million in cash and about 16 million shares valued at $107 million, with a potential
00:23$25 million earnout tied to EBITDA targets. The transaction is expected to close after the May
00:292026 shareholder meeting. F9 brands generated about $522 million in 2025 sales. CEO Marcus
00:35Limones said each brand serves a distinct category and, combined with installation services and field
00:40sales, enables a full lifecycle home renovation platform. Shares were up 13.79% at $4.95 during
00:46pre-market trading on Wednesday, according to Benzinga ProData. For all things money, visit
00:50Benzinga.com.
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