Bed Bath & Beyond Results Presentation Deck
Non-GAAP
Reconciliation*
(in thousands, except per share
data)
(unaudited)
13
Reported selling, general and administrative expenses as
a percent of net sales
Reconciliation of Adjusted Selling, General and Administrative Expenses as a Per cent of Net Sales
Adjustments:
Severance costs
Shareholder activity costs
Gain on sale of a building
Total adjustments
Three Months Ended
November 30, December 1,
2019
2018
Adjusted selling, general and administrative expenses as
a percent of net sales
33.8 %
%
%
%
%
33.8 %
31.5%
-%
-%
0.9%
0.9%
Nine Months Ended
November 30, December 1,
2019
2018
32.4%
* The Company has not previously presented non-GAAP financial measures regarding its results for its fiscal 2018 third quarter. The Company is
presenting certain non-GAAP financial measures for its fiscal 2019 third quarter. In order for investors to be able to more easily compare the
Company's performance across periods, the Company has included comparable reconciliations for the 2018 periods in the reconciliation tables
above and that follow.
33.6 %
(0.8)%
(0.1)%
%
(0.9)%
32.7 %
31.5 %
(0.1)%
%
0.3%
0.2 %
31.7 %
BED BATH &
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