Bed Bath & Beyond Results Presentation Deck

Q2 2020 FINANCIAL RESULTS Q2 key p&l metrics • Comparable sales growth of -6%, led by significantly strong digital comp sales growth of -89% • Net sales declined -1%, partially due to the divestiture of One Kings Lane . Adj. Gross Margin increased ~200bps, driven primarily by: Favorable product mix, including lower coupon expense and better optimization of promotion & markdowns Leverage of distribution and fulfillment costs Partially offset by higher digital channel mix, including higher net direct-to-customer shipping expense - Adj. SG&A as a % of sales decreased ~10bps to 31.5% vs FY19 Q2, driven primarily by payroll, advertising and payroll-related expenses Adj. EBITDA increased 36% to $199mn Adj. EPS of $0.50, increased 47% vs. $0.34 in FY19 Q2 BED BATH & BEYOND (in millions, except per share data) Comparable Sales Growth Net Sales Gross Margin¹ SG&A Margin¹ EBITDA¹ EPS - Diluted¹ ¹Adjusted Three Months Ended FY2019 Q2 FY2020 Q2 -7% 6% $2,719 $2,688 33.9% 35.9% 31.6% $147 $0.34 31.5% $199 $0.50 Diff -1% 200bps - 10bps 36% 47% 14

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