Bed Bath & Beyond Results Presentation Deck slide image

Bed Bath & Beyond Results Presentation Deck

Q1 2020 RESULTS sg&a • SG&A expense decreased $169 million or 19% vs FY19 Q1, driven by cost reduction interventions and COVID-19 impacts. Adjusted SG&A expense declined -$123mn (-15%) to $723mn vs $846mn in FY 19 Q1 Initiated cost reduction interventions at end of FY 19. and early in FY 20 Q1 in response to COVID 19 BED BATH & BEYOND FY19 Q1 vs FY20 Q1-adj. sg&a bridge $846mn Q1'19 Adj. SG&A ($123mn) Payroll/ Advertising/ CARES Act $723mn Q1'20A Adj. SG&A 20
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