Better Food. Better Future. slide image

Better Food. Better Future.

Reconciliation - Last Four Quarters Adjusted EBITDA (1) Last Four Quarters Ended (in millions) Net income (loss) from contiming operations Adjustments to continuing operations net income (loss): Less net income attributable to noncontrolling interests Net periodic benefit income, excluding service cost Interest expense, net Other, net Provision (benefit) for income taxes Depreciation and amortization Share-based compensation Goodwill impairment charges Restructuring, acquisition and integration related expenses (Gain) loss on sale of assets Multiemployer pension plan withdrawal charges (benefit) Notes receivable charges Legal reserve charge, net of settlement income Other retail expense Adjusted EBITDA of continuing operations Adjusted EBITDA of discontinued operations Adjusted EBITDA Income (loss) from discontinued operations, net of tax Adjustments to discontinued operations net income (loss): Benefit for income taxes Restructuring, store closure and other charges, net Adjusted EBITDA of discontinued operations Wholesale Retail Other Elimination Adjusted EBITDA of continuing operations Adjusted EBITDA of discontinued operations Adjusted EBITDA 16 Better Food. Better Future. (1) See slide 12 for the definition of adjusted EBITDA. 704 $ $ $ 08121% % October 31 2020 (52 weeks) January 30, 2021 (52 weeks) May 1 2021 (52 weeks) July 31, 2021 (52 weeks) October 30, 2021 (52 weeks) January 29, 2022 (52 weeks) $ 136 $ 208 $ 163 $ 149 $ 226 S 236 (7) (0) (0) (0) (45) (58) (03) (85) (78) (71) 211 213 210 204 175 168 (4) (6) (4) (8) (0) (6) (25) 5 23 34 34 42 282 278 285 277 279 52 50 49 46 45 69 64 56 43 30 - 18 17 (4) (4) (3) 63 63 55 6 5 3 1 780 737 742 773 770 5 6 + 3 1 710 $ 785 $ 743 $ 746 $ 776 $ 771 (22) (2) 3 6 6 3 (3) (1) (2) 10 5 (1) (1) (2) 6 $ 6 S 4 $ - 609 $ 693 $ 655 $ 654 $ 695 $ 667 102 117 101 96 93 97 (10) (32) (15) (9) (9) 10 2 (4) 1 (0) (4) 704 780 737 742 773 770 5 6 4 3 1 $ 710 $ 785 $ 743 $ 746 $ 776 $ 771
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