Indo Count Acquires US Premium National Brand WAMSUTTA [Yahoo! Finance]
Beyond, Inc. (BYON)
Company Research
Source: Yahoo! Finance
NEW YORK, April 19, 2024 BUSINESS WIRE )--Indo Count, the largest global bed linen manufacturer and exporter from India, announces its strategic acquisition of the international home fashions brand WAMSUTTA from Beyond, Inc. (NYSE: BYON). Wamsutta – an industry-leading home fashions brand – has delighted generations of consumers with luxurious bed, bath and other home fashion products. This acquisition, which closed on April 18, 2024, strengthens Indo Count's brand portfolio, and elevates its position in the premium market segment. Terms of the deal were not disclosed. Renowned for its exceptional quality and a brand legacy dating back to 1846, WAMSUTTA is poised for substantial growth under Indo Count's leadership. Mohit Jain, Executive Vice Chairman of Indo Count expressed his enthusiasm about the acquisition, stating, "Wamsutta – with its 178-year brand heritage – resonates strongly in the marketplace. We will explore multiple channels of distribution to reach the core Wamsutt
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- Shopify (SHOP) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Beyond, Inc. (NYSE: BYON) had its price target lowered by analysts at Piper Sandler from $26.00 to $17.00. They now have a "neutral" rating on the stock.MarketBeat
- Beyond, Inc. (NYSE: BYON) had its price target lowered by analysts at Wedbush from $43.00 to $37.00. They now have an "outperform" rating on the stock.MarketBeat
- Beyond, Inc. (NYSE: BYON) had its price target lowered by analysts at Maxim Group from $50.00 to $36.00. They now have a "buy" rating on the stock.MarketBeat
- Beyond, Inc. (NYSE: BYON) was downgraded by analysts at Needham & Company LLC from a "buy" rating to a "hold" rating.MarketBeat
BYON
Earnings
- 5/6/24 - Beat
BYON
Sec Filings
- 5/8/24 - Form 10-Q
- 5/6/24 - Form 8-K
- 4/18/24 - Form 8-K
- BYON's page on the SEC website