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TBHC

The Brand House Collective, Inc.

TBHC

The Brand House Collective, Inc. • NASDAQ
$1.21 ▲ 0.00% (+0.00)
Market Cap $27.18 M
52w High $2.40
52w Low $1.05
Dividend Yield 0%
P/E -0.85
Volume 131.10K
Outstanding Shares 22.46M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $75.788M ▼ $31.113M ▲ $-20.179M ▼ -26.626% ▼ $-0.9 $-18.744M ▼
Q1-2025 $81.504M ▼ $30.8M ▼ $-11.824M ▼ -14.507% ▼ $-0.9 ▼ $-8.342M ▼
Q4-2024 $148.895M ▲ $35.953M ▲ $7.882M ▲ 5.294% ▲ $0.6 ▲ $11.601M ▲
Q3-2024 $114.423M ▲ $34.528M ▲ $-7.68M ▲ -6.712% ▲ $-0.59 ▲ $-3.266M ▲
Q2-2024 $86.289M $30.982M $-14.504M -16.809% $-1.11 $-10.689M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $3.641M ▲ $221.93M ▼ $257.091M ▲ $-35.161M ▼
Q1-2025 $3.535M ▼ $225.409M ▼ $241.627M ▼ $-16.218M ▲
Q4-2024 $3.82M ▼ $242.188M ▼ $261.205M ▼ $-19.017M ▲
Q3-2024 $6.756M ▲ $279.814M ▲ $306.946M ▲ $-27.132M ▼
Q2-2024 $4.461M $266.219M $285.924M $-19.705M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q1-2025 $-11.824M ▼ $-3.077M ▼ $-558K ▲ $3.35M ▲ $-285K ▲ $-3.645M ▼
Q4-2024 $7.882M ▲ $19.783M ▲ $-719K ▼ $-22M ▼ $-2.936M ▼ $19.046M ▲
Q3-2024 $-7.68M ▲ $-12.646M ▲ $-457K ▼ $15.398M ▲ $2.295M ▲ $-13.106M ▲
Q2-2024 $-14.504M ▼ $-12.733M ▲ $-412K ▲ $13.77M ▼ $625K ▲ $-13.156M ▲
Q1-2024 $-8.83M $-13.655M $-764K $14.45M $31K $-14.425M

Five-Year Company Overview

Income Statement

Income Statement Revenue has gently trended down over the last few years, and the business has shifted from modest profitability earlier in the period to consistent losses more recently. Gross profit has held up reasonably well relative to sales, suggesting the basic merchandise margin is not the core issue. The pressure is coming more from operating costs and scale: overhead, store expenses, and transformation efforts are outweighing the gross profit being generated. Earnings per share have been negative for several years in a row, showing that the turnaround and brand repositioning are still in an investment and restructuring phase rather than a steady, profitable one.

Balance Sheet

Balance Sheet The balance sheet is thin and increasingly strained. Total assets have been shrinking, cash has effectively been drawn down to minimal levels, and debt now makes up a large share of the capital structure. Shareholders’ equity has eroded from a small positive cushion to a slight deficit, which is a clear sign of accumulated losses and limited financial buffer. This leaves less room for error as the company tries to execute its multi-brand strategy and merger, and it raises the importance of tight cost control and successful integration to rebuild balance sheet strength over time.

Cash Flow

Cash Flow The company has been burning cash from its core operations for several years, with negative operating cash flow and free cash flow despite very low spending on new investments. That means the cash shortfall is driven mainly by the underlying business performance rather than heavy expansion or capital projects. With virtually no cash on hand, TBHC is likely relying on credit lines, trade terms, and other external financing to fund its transformation, which increases financial risk if results do not improve on a relatively short timetable.

Competitive Edge

Competitive Edge TBHC’s competitive position is being rebuilt around its role as the operating backbone for a portfolio of well-known home-related brands, anchored by Bed Bath & Beyond’s revival. Its strengths are in merchandising, brand curation, and the ability to quickly convert and operate physical stores under multiple banners. The existing store base and association with familiar brands give it instant visibility and customer recognition that many smaller retailers lack. However, the company is executing this strategy from a position of financial weakness in a very competitive space dominated by big-box retailers and online platforms. The moat here is more about execution quality, speed, and the depth of brand partnerships than about any unique technology, which means continued strong performance is needed to sustain its position.

Innovation and R&D

Innovation and R&D Innovation at TBHC is centered on business design rather than traditional research and development. The company is experimenting with new store concepts, a curated multi-brand experience, and a tightly integrated online–offline model. It is leaning on data-informed merchandising and shared infrastructure across brands to gain efficiency and sharpen product selection. While these are important and potentially powerful levers, they are not deeply proprietary, so the edge will come from how well TBHC combines these elements at scale, how quickly it can roll out and refine new formats like Bed Bath & Beyond Home, and how effectively it integrates future concepts such as buybuy BABY and Overstock into a cohesive ecosystem.

Summary

TBHC is in the middle of a high‑stakes transformation from a single struggling home décor chain into a multi‑brand operator powering the comeback of several well-known retail names. The strategy offers clear upside in terms of brand strength, store footprint reuse, and operational synergies, but it is being pursued against a backdrop of recent losses, a weakened balance sheet, and ongoing cash burn. Success will depend on disciplined execution of the Bed Bath & Beyond merger, rapid but profitable store conversions, and the ability to turn operational innovations into sustained, cash-generating growth. The story is one of significant strategic opportunity paired with notable financial and execution risk, with outcomes highly dependent on what happens in the next phase of the rollout.

NEWS

November 25, 2025 · 7:29 AM UTC

TBHC Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of The Brand House Collective, Inc. is Fair to Shareholders

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November 24, 2025 · 4:40 PM UTC

Bed Bath & Beyond Enters into Merger Agreement to Acquire The Brand House Collective

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October 27, 2025 · 7:00 AM UTC

THE BRAND HOUSE COLLECTIVE APPOINTS LISA FOLEY AS CHIEF MARKETING OFFICER

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September 16, 2025 · 7:00 AM UTC

THE BRAND HOUSE COLLECTIVE PROVIDES BUSINESS UPDATE

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September 10, 2025 · 7:00 AM UTC

The Brand House Collective to Report Second Quarter Fiscal 2025 Financial Results on September 16, 2025

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