Bed Bath & Beyond Investor Day Presentation Deck
BUSINESS & STRATEGY UPDATE
Financial Update (Interim¹)
Preliminary
Expectations
Preliminary
Expectations
Net Sales
Comp Sales vs. LY
Free Cash Flow
Comp Sales vs. LY
Adjusted SG&A
Capital Expenditures
Key Assumptions:
AUGUST 31, 2022
BED BATH & BEYOND
Q2'22 Interim Update
Approx. $1.45B
Approx. 26% Decline
Usage of Approx. $325M (vs. usage of approx. $500M last quarter)
Fiscal 2022
Decline in 20% Range; Improvement in 2H vs. 1H
Approx. $250M below LY reflecting Cost Optimization in 2H22
Approx. $250M vs. originally planned $400M
Approx. 150 store closures initiated in FY22
¹ The Company has not yet completed its quarterly financial close and will provide its full financial results for the second quarter at a later time. Until that time, the preliminary results described in this press release are estimates only and remain subject to change and
finalization based on management's ongoing review of results of the quarter and completion of all quarter-end close and audit review processes.
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