Bed Bath & Beyond Investor Day Presentation Deck
BUSINESS & STRATEGY UPDATE
Key Messages
We are making sweeping changes to serve our customers, drive
growth and profitability, and deliver business returns
AUGUST 31, 2022
• Enhancing liquidity with financing commitments for more than $500M via expanded
$1.13B ABL facility and new $375M FILO loan as we work towards sustainable
improvements to our balance sheet and cash flows
Continuing to evaluate opportunities to augment capital structure; Filing of Form S-3
Right-sizing our cost structure through fleet optimization and workforce reductions
as we lower SG&A and CapEx and prioritize returns on investment
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Significant, strategic changes are already underway to regain dominance as the
destination for customers, with the products they want and experiences they seek
Accelerating buybuy BABY strategy under BBBY portfolio to drive growth; continue to
monitor business and value creation
Realigning executive leadership and streamlining our organizational structure to
focus on immediate priorities and important changes to strategy and operations
BED BATH & BEYOND
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