Bed Bath & Beyond Results Presentation Deck

Bed Bath & Beyond: Business Stabilizing, In-Flight Initiatives Poised to Deliver Impact In Q1 and FY 2019 Consolidated Net Sales Gross Margin SG&A* Operating Income* Diluted EPS** Capital Expenditures Capital Return 2019 Q1 -$2.6 bn 34.5% - 34.9% Including: 33.1% - 33.4% Excluding: 32.8% - 33.1% Including: $30 - $45 mm (Margin: 1.3% - 1.6%) Excluding: $39 - $54 mm (Margin: 1.6% -1.9%) Including: $0.02 - $0.07 Excluding: $0.07 - $0.12 2019 Full Year $11.4 $11.7 bn 34.2% - 34.6% Including: 30.6% - 31.0% Excluding: 30.5% - 30.9% Including: $400 - $440 mm (Margin: 3.4% - 3.8%) Excluding: $409 - $449 mm (Margin: 3.5% - 3.9%) Including: $2.06 - $2.15 Excluding: $2.11 - $2.20 $350 $375 mm Dividend: $0.68 per share Repurchase: -$225 mm Store traffic declines ■ Strong growth in digital channels ▪ Bias toward driving profitability ▪ Further optimizing coupon strategy ■ Driving sales to better margin categories ▪ Value optimization 2019 Key Drivers I Optimizing coupon strategy Supply chain enhancements Improvements in store labor model ▪ Lease re-negotiations ■ Advertising efficiency ▪ Increases in technology costs ■ Investment in warehouses for eCommerce distribution and personalized product *Including and excluding $9 million in severance and shareholder activity fees expected to be incurred in 2019 Q1 ** Including and excluding $0.05 in severance and shareholder activity fees expected to be incurred in 2019 Q1 BED BATH & BEYOND 11

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