Bed Bath & Beyond Results Presentation Deck
Non-GAAP
Reconciliation*
(in thousands, except per share
data)
(unaudited)
12
Reconciliation of Adjusted Gross Profit
Reported gross profit
Adjustments:
Incremental charge for markdowns
Total adjustments
Adjusted gross profit
Reconciliation of Adjusted Gross Margin
Reported gross margin
Adjustments:
Incremental charge for markdowns
Total adjustments
Adjusted gross margin
February 29,
2020
$
Three Months Ended
March 2,
2019
$
1,013,656
1,013,656
32.6%
0.0%
0.0%
32.6%
$ 1,146,861
$ 1,146,861
34.7%
0.0%
0.0%
34.7%
Twelve Months Ended
February 29, March 2,
2020
2019
$ 3,541,660
169,820
169,820
$ 3,711,480
The Company is presenting certain non-GAAP financial measures for its fiscal 2019 fourth 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 2018 periods in the
reconciliation tables above and that follow.
31.7%
1.6%
1.6%
33.3%
$
$4,103,980
4,103,980
34.1%
0.0%
0.0%
34.1%
BED BATH &
BEYONDView entire presentation