Bed Bath & Beyond Results Presentation Deck
Q3 PERFORMANCE HIGHLIGHTS & TRANSFORMATION UPDATE
unlocking shareholder value creation through balanced capital
allocation
Capital Allocation Principles
✓ Investing for growth and transformation
✓ Ensuring financial resilience
✓ Returning cash to shareholders
BED BATH & BEYOND
Reiterate Additional Accelerated Share Repurchase Program
Expanded Total Share Repurchase Program (ASR) to up to
$825mn from up to $675mn during the next 3 years
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October 28th: Launched $225mn Accelerated Share Repurchase
program (ASR-1)
December 14th: Announced Approval of new $150mn
Accelerated Share Repurchase program (ASR-2)
ASR 1+2, which total $375mn, are expected to be completed by
no later than fiscal year-end 2020
Reflects balanced capital allocation principles, strong liquidity and
confidence in strategic growth plan
Note: ASR-1($225mn): 4.5mn shares delivered in FY20 Q3; Remainder expected to be delivered by 1/28/21.
ASR-2 ($150mn): Expected to be initiated and be completed in FY20 Q4.
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