Bed Bath & Beyond Results Presentation Deck
Q2'FY22 RESULTS
●
Adjusted² Gross Margin Bridge - Q2'21 to Q2'22
Adj. Gross Margin² of 27.7% reflects (-260bps) of accelerated clearance activity
resulting in double-digit improvement in Inventory to Net Sales gap vs. Q1'22
●
●
Adj. Gross Margin² also reflects approx. (-100bps) of supply chain-related port fees, which the
Company does not expect will continue beyond FY22
Excluding the aforementioned (-360bps) of items, Adj. Gross Margin² of 31.3%
34.0%
Q2'21
Adj.
Gross
Margin
Note: numbers may not foot due to rounding
*Not expected to continue longer term
Product Margin
+100bps
Supply Chain
Costs
-380bps
-280bps
31.3%
Q2'22
Adj.
Gross
Margin
PERIOD ENDING AUGUST 27, 2022
(excl.
transient
costs)
Accelerated
Inventory
Clearance
-260bps
Supply Chain
Costs
-100bps
[Port-Related Fees]
-360bps transient*
27.7%
Q2'22
Adj.
Gross
Margin
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