Bed Bath & Beyond Results Presentation Deck slide image

Bed Bath & Beyond Results Presentation Deck

Q3 2018 Summary • Net sales increase of approximately 2.6%, primarily due to calendar shift of post-Thanksgiving week into the third quarter and out of the fourth quarter, partially offset by actions during the quarter in support of a stronger bias towards driving profitability improvement Comp sales decline of approximately 1.8%, including strong sales growth from customer-facing digital channels • Net earnings per diluted share of $0.18, in-line with model • Reduced retail inventories by approximately 6%, through ongoing inventory optimization strategies Cash and investments balance of approximately $1.0 billion at December 1, 2018, nearly double the prior year period • Board of Directors declares quarterly dividend of $.16/share, payable on April 16, 2019 to shareholders of record at the close of business on March 15, 2019 BED BATH & BEYOND
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