Bed Bath & Beyond Results Presentation Deck slide image

Bed Bath & Beyond Results Presentation Deck

Outlook 00 8 Due to the level of market uncertainty, Bed Bath & Beyond will not provide further financial guidance for FY2020 at this time. As the Company works through 2020, it believes that its financial discipline will help it take advantage of the opportunities available to withstand the current pressures on the business, and emerge from the crisis well positioned to build and manage a modern, durable business model to capture long-term sustainable growth. Bed Bath & Beyond's strong cash position along with its near-term actions provide the Company with continued financial resilience and ample short- and mid-term liquidity to fund the operations of the business. Additional Information: • FY 2020 Capital Expenditures: currently prioritizing ~$250 million in essential CAPEX to drive the Company's strategic plan. Focusing on the core business and key projects that support the omni-channel future of the Company in 2020 and beyond, such as: ■ ■ ■ Omni fulfillment (e.g., BOPIS, curbside pickup, leveraging store inventory) Omni inventory management Digital marketing and personalization (e.g. creating newness and freshness across our websites and communicating items customers need to make it easy to feel at home) Re-engineering supply chain and vendor relationships Further strengthening owned-brand strategy Further digital enhancements (e.g. improve site speed, checkout experience and simplify process) BED BATH & BEYOND
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