Shares of Bed Bath & Beyond Inc (NYSE: BBBY) are surging this morning, a day after the company reported its Q1 2026 results. Despite the company reporting a loss for the quarter, BBBY stock is significantly higher, as many investors see evidence that the once-iconic home goods retailer’s turnaround efforts are finally showing results. Here’s what you need to know. What’s happened? Yesterday, Bed Bath & Beyond reported first-quarter results for its fiscal year 2026. While many will recognize the company due to its “Bed Bath & Beyond” name, the firm actually owns several businesses under its corporate umbrella, including Bed Bath & Beyond, Overstock, buybuy BABY, Kirkland’s, and Kirkland’s Home. It is also in the process of merging with The Container Store. In the early 2000s, Bed Bath & Beyond was a suburban staple, but in the decades that followed, the company struggled with declining foot traffic as customers shifted their buying habits online.…