Bed Bath & Beyond Results Presentation Deck

APPENDIX fiscal 2019 Q4 net income bridge Gross Profit Gross margin (Loss) earnings before (benefit) provision for income taxes Tax (benefit) provision Effective tax rate Net (loss) income Net (loss) earnings per share - Diluted Weighted average shares outstanding- Basic Weighted average shares outstanding- Diluted Reported $ 1,013,656 BED BATH & BEYOND 32.6 % (96,576) (31,162) 32.3 % $ (65,414) (0.53) 123,347 123,347 (1) Loss on Sale of Businesses $ S -% $ - Loss on sale- leaseback, including transaction fees Three Months Ended February 29, 2020 Excluding 32,840 % non-gaap reconciliation* Restructuring and Transformation Impairment Expenses Charges $ 32,840 $ 41,308 % $ -% 67,821 Total income tax impact $ % Total Impact $ 29,666 (35.6)% 41,308 S 67,821 $ (29,666) S 141,969 % Adjusted $ 1,013,656 29,666 (35.6)% 112,303 $ 32.6 % 45,393 (1,496) (3.3)% 46,889 0.38 123,347 123,754 (1) If a company is in a net loss position, then for earnings per share purposes, diluted weighted average shares outstanding are equivalent to basic weighted average shares outstanding. * The Company is presenting certain non-GAAP financial measures for its fiscal 2020 fourth quarter. In order for investors to be able to more easily compare the Company's performance across periods, the Company has included comparable reconciliation for the 2019 periods in the reconciliation table above and that follow. 40

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