Bed Bath & Beyond Results Presentation Deck
Q4'21 RESULTS
●
Adjusted Gross Margin Bridge - Q4'20 to Q4'21
Gross margin rate of 28.8% was (-400bps) below LY margin rate of 32.8%
Gross margin reflects significantly higher than expected transient supply chain costs of higher freight charges
(-170bps), first-time port-related fees (100bps) and certain, warehouse-related inventory adjustments as year
finalized (-90bps)
Adj. Gross of 32.4% excluding impact of supply chain costs
32.8%
Q4'20
Gross
Margin
Product
Inflation
-130bps
Product Mix/
Pricing & Promo
Optimization
+90bps
Owned Brands &
Pricing/Promo Optimization
Offset by Product Inflation
& Negative Category Mix I
-40bps
cost/pricing impact
Note: numbers may not add due to rounding
¹Not expected to continue by end of 2022
BED BATH & BEYOND
32.4%
Q4'21
Gross
Margin
(excl.
freight &
shipping)
Freight & Shipping
Inflation
-170bps
PERIOD ENDING FEBRUARY 26, 2022
Port-related
fees
-100bps
First time
charges
-360bps
transient
1
Warehouse-
related inventory
adjustments
as year finalized
-90bps
28.8%
Q4'21
Gross
Margin
9View entire presentation