Bed Bath & Beyond Results Presentation Deck slide image

Bed Bath & Beyond Results Presentation Deck

FINANCIAL OUTLOOK Revising Full Year Fiscal 2021 Outlook P&L BED BATH & BEYOND Sales Comp Sales (Q2'21 – Q4'21) Adjusted Gross Margin (as a percentage of sales) ■ Adjusted SG&A (as a percentage of sales) Adjusted EBITDA Adjusted EPS Range Key Considerations: FULL YEAR FISCAL 2021 CURRENT $8.1B - $8.3B flat to slightly positive Approx. 34.0% - 35.0% Approx. 32% Depreciation & Amortization: approx. $250M - $260M ▪ Interest Expense: approx. $63M - $65M ▪ Tax Rate: 26% -28% (excluding discrete items) Weighted Average Share Count: approx. 105M $425M-$465M $0.70-$1.10 Note: Adj. gross margin, adj. SG&A, adj, EBITDA & adj. EPS are non-GAAP financial measures. For a reconciliation to comparable GAAP measures, see Appendix of this presentation. PRIOR $8.2B - $8.4B +low single-digit growth Approx. 35% Approx. 31% $520M - $540M $1.40 - $1.55 13
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