Bed Bath & Beyond Results Presentation Deck
OPERATIONS UPDATE
exceptional progress across operations
✓ Supply chain reformation
Added secondary national carrier and several regional parcel delivery carriers to help alleviate
COVID-related shipping constraints and additional freight cost pressures
Continued to focus on health & safety of associates working fulfillment centers
✓ Optimizing real estate portfolio
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Store network optimization program: closure of ~200 underperforming Bed Bath & Beyond
banner stores is well underway
Pace of targeted closings in fiscal 2020 has accelerated from ~70 to ~120 stores
Remain on track to complete full 200 store closure program during fiscal 2021
Store remodel program: advanced from initial prototype phase to active iteration within 10
stores in Houston markets
O Highlighting destination categories including Bed, Bath, Kitchen and Store & Organization
O Expect to complete proof-of-concept stage by end of February 2021;
Next wave of renovations to include 130 to 150 stores in fiscal 2021
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BED BATH & BEYOND
Total investments of $250mn over the next 3 years in store remodels of >450 stores,
representing 60% of revenue
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BB&B
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