Bed Bath & Beyond Results Presentation Deck slide image

Bed Bath & Beyond Results Presentation Deck

Q4 BUSINESS & FINANCIAL RESULTS positive free cash flow and strong cash position Solid Free Cash Flow in Q4: $76mn of Cash Flow provided by Operations from working capital improvement $14mn of Cash Flow used in Investing¹, driven by proceeds from the sale of Cost Plus World Market (non-core asset); inclusive of $66mn of CAPEX $62mn of positive Free Cash Flow² Maintained strong cash position $1.4bn cash & cash equivalents balance, including $150mn initiation of ASR-2 in January 2021 FY20 Q4-positive cash flow generation ($mns) Cash Flow from Operating Activities Cash Flow from Investing Activities Free Cash Flow Generation Cash Flow from Financing Activities (1) BED BATH & BEYOND (2) FY2020 Q4 $76 ($14) $62 ($150) FY20 Q3 vs FY20 Q4 - total cash balance $1.5bn Post FY20 Q3 Total Cash & Investments $76mn Cash Flow from Operations Cash and cash equivalents ($14mn) $62mn Positive Free Cash Flow Cash Flow used in Investing ¹ 1 ASR-2 ($150mn) Cash Flow from Financing ² 2 Cash Flow from Investing includes $52mn related to sale of Cost Plus World Market (non-core asset); inclusive of $66mn of CAPEX. Free Cash Flow is a non-GAAP financial measure. Free Cash Flow of $62mn includes cash flow provided from operations of $76mn less cash flow used in investing of $14mn, inclusive of $66mn of CAPEX. $1.4bn Post FY20 Q4 Total Cash & Investments 17
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