Bed Bath & Beyond Results Presentation Deck
APPENDIX
Q2'21 Non-GAAP Reconciliation
Gross Profit
Gross margin
Restructuring and transformation
initiative expenses
(Loss) earnings before (benefit) provision
for income taxes
(Benefit) provision for income taxes
Effective tax rate
Net (loss) income
Net (loss) earnings per share - Diluted
Weighted average shares outstanding-
Basic
Weighted average shares outstanding-
Diluted
Depreciation and amortization
Loss on extinguishment of debt
Interest expense
Reported
(Benefit) provision for income taxes
EBITDA
EBITDA as % of net sales
$ 601,069
30.3 %
24,495
(100,346)
(27,131)
27.0%
$
(73,215)
$ (0.72)
101,951
101,951
Reconciliation of Net (Loss) Income to EBITDA and Adjusted EBITDA
Net (loss) income
$
Loss on Sale of
Businesses
$ (73,215)
70,112
111
16,121
(27,131)
$ (14,002)
$
$
-%
T
132
132
132
132
Loss on
extinguishment
of debt
$
$
$
111
%
111
Three Months Ended August 28, 2021
Excluding
111
Restructuring and
Transformation
Expenses
$
$
73,679
3.7%
(24,495)
98,174
98,174
Impairment
charges
92,250
$
$
-%
7,584
7,584
98,174 $ 7,584
(5,924)
7,584
(Gain) loss on
sale of property
$
- %
(1,339)
$ (1,339)
Total income tax
impact
(1,339)
$
%
$ (1,339) $ (27,751)
(1) If a company is in a net loss position, then for earnings per share purposes, diluted weighted average shares outstanding are equivalent to basic weighted average shares outstanding.
27,751
(12.6) %
(27,751)
27,751
Total Impact
$ 73,679
$
$
$
3.7%
(24,495)
104,662
27,751
(12.6) %
76,911
0.76
101,951
101,951
76,911
(5,924)
(111)
27,751
98,627
Adjusted
$ 674,748
$
$
$
$
34.0%
4,316
620
14.4%
3,696
0.04
101,951
104,037
3,696
64,188
16,121
620
84,625
4.3 %View entire presentation