Bed Bath & Beyond Results Presentation Deck

APPENDIX Q2'20 Non-GAAP Reconciliation Gross profit Gross margin Restructuring and transformation initiative expenses (Loss) earnings before (benefit) provision for income taxes Tax (benefit) provision Effective tax rate Net earnings (loss) Net earnings per share - Diluted Weighted average shares outstanding- Basic Weighted average shares outstanding- Diluted Reported 987,537 BED BATH & BEYOND 36.7 % 27,128 324,210 106,310 32.8% S 217,900 $ 1.75 124,146 124,211 (Gain) loss on sale of Businesses (189,528) $(189,528) (Gain) loss on extinguishment of debt $(189,528) % (77,038) Reconciliation of Net (Loss) Income to EBITDA and Adjusted EBITDA Net (loss) income S 217,900 $(189,528) $ (77,038) $ Depreciation and amortization 85,277 (77,038) Loss on extinguishment of debt Interest expense 23,371 106,310 Tax (benefit) provision EBITDA S 355,820 EBITDA as % of net sales (77,038) S Restructuring and Transformation Expenses 77,038 Three Months Ended August 29, 2020 Excluding (27,128) 30,878 30,878 Impairments 30,878 $ (4,000) 26,878 29,176 %0 Benefit from reduction of incremental markdown reserves (23,000) 0.8% (23,000) Total income tax impact 29,176 $ (23,000) S 29,176 $ (23,000) (73,863) Total impact (23,000) 0.8 % (73,863) (27,128) (229,512) (73,863) 1.5 % 73,863 $ (155,649) 29,176 $ (23,000) $ 73,863 $ (155,649) (4,000) 77,038 1.5% (73,863) $ (156,474) S $ S S Adjusted 964,537 35.9 % 94,698 32,447 34.3 % 62,251 0.50 124,146 124,211 62,251 81,277 23,371 32,447 199,346 7.4 % 37

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