Bed Bath & Beyond Results Presentation Deck
Q1'22 RESULTS
Adjusted² Gross Margin Bridge - Q1'21 to Q1'22
Adj. Gross Margin² of 23.8% reflects (-840bps) impact from transient costs related to
an inventory markdown charge and port-related fees
Adj. Gross Margin² continues to reflect transient costs such as supply chain-related port fees, in
addition to an inventory markdown reserve charge
Excluding the aforementioned 840bps of transient items, adj. gross margin² of 32.2%
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34.9%
Q1'21
Adj.
Gross
Margin
Note: numbers may not foot due to rounding
*Not expected to continue by end of 2022
Product Margin
+60bps
Supply Chain
Costs
-330bps
-270bps
32.2%
Q1'22
Adj.
Gross
Margin
(excl.
transient
costs)
PERIOD ENDING MAY 28, 2022
Inventory
Reserve
-620bps
Port-Related
Fees
-220bps
-840bps transient*
23.8%
Q1'22
Adj.
Gross
Margin
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