Bed Bath & Beyond Results Presentation Deck
APPENDIX
non-gaap reconciliation*
(in thousands, except for share data) (unaudited)
Reconciliation of Adjusted Selling, General and Administrative Expenses
Reported selling, general and administrative expenses
Adjustments:
Severance costs
Costs associated with portfolio optimization strategy
Total adjustments
Adjusted selling, general and administrative expenses
Three Months Ended
BED BATH & BEYOND
August 29,
2020
$ 850,218
(3,750)
(3,750)
$ 846,468
August 31,
2019
$ 880,889
(22,537)
(22,537)
$ 858,352
* The Company is presenting certain non-GAAP financial measures for its fiscal 2020 second 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 2019 periods in the reconciliation table above and that follow.
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