Bed Bath & Beyond Results Presentation Deck
APPENDIX
fiscal 2020 Q3 reconciliation of net (loss) income to adjusted
EBITDA
(in thousands, except for share
data) (unaudited)
Net (loss) income
Depreciation and amortization
Interest expense
Tax benefit
Reported
EBITDA
EBITDA as % of net sales
Loss on sale Impairment
on assets
held for sale
businesses
Reconciliation of Net (Loss) Income to EBITDA and Adjusted EBITDA
(38,552) $
87,149
17,179
(8,385)
57,391 $
Three Months Ended November 30, 2019
Excluding
-
Restructuring
and
transformation
expenses
Impairment
charges
Benefit from
reduction of
incremental
markdown
reserves
11,781
Total income
tax impact
11,781 $ (23,915) $ 3,786 $ (8,348)
(23,915)
Total impact
(3,786)
3,786 $ (12,134)
Adjusted
(46,900)
87,149
17,179
(12,171)
45,257
* The Company is presenting certain non-GAAP financial measures for its fiscal 2020 third quarter. In order for investors to be able to more easily compare the Company's performance
BED BATH & BEYOND across periods, the Company has included comparable reconciliations for the 2019 periods in the reconciliation table above and that follow.
1.6 %
42View entire presentation