Bed Bath & Beyond Results Presentation Deck
FINANCIAL OUTLOOK
Raising Full Year Fiscal 2021 Outlook
P&L
Sales
BED BATH & BEYOND
Comp Sales (Q2'21 – Q4'21)
Adjusted Gross Margin
(as a percentage of sales)
Adjusted SG&A
(as a percentage of sales)
Adjusted EBITDA
Adjusted EPS Range
CURRENT
■
$8.2 B - $8.4 B
+low single-digit growth
Approx. 35%
Approx. 31%
$520 M-$540 M
$1.40 - $1.55
Key Considerations:
Depreciation & Amortization: approx. $250 M [updated]
▪ Interest Expense: approx. $63 M - $65 M
▪ Tax Rate: 26% -28% (excluding discrete items)
Weighted Average Share Count: approx. 105 M
FULL YEAR FISCAL 2021
Note: Adj. gross margin, adj. SG&A, adj, EBITDA & adj. EPS are non-GAAP financial measures. For a reconciliation to comparable GAAP measures, see Appendix of this presentation.
PRIOR
$8.0B - $8.2B
flat
Approx. 35%
Approx. 31%
$500M - $525M
NM
CHANGE
Increased
Increased
Reaffirmed
Reaffirmed
Increased
Initial
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