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 (SG&A) as a Percent of Net Sales
Reported SG&A as a percent of net sales
31.6%
Adjustments:
Severance costs
Costs associated with portfolio optimization strategy
Total adjustments
Adjusted SG&A as a percent of net sales
Three Months Ended
August 29, August 31,
2020
2019
BED BATH & BEYOND
%
(0.1)%
(0.1)%
31.5 %
32.4%
(0.8)%
%
(0.8)%
31.6%
* 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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