Bed Bath & Beyond Results Presentation Deck slide image

Bed Bath & Beyond Results Presentation Deck

Q2'21 RESULTS Second Quarter Highlights ■ ■ ■ Net Sales of $1.985B reflecting comp¹ sales decrease of -1% Bed Bath & Beyond banner comp¹ decline of -4% as a result of deceleration and lower- than-expected traffic in August (largest month of Q2) buybuy BABY positive comp¹ of +mid-teens percent growth Adjusted² Gross Margin of 34.0%, due to unprecedented and significantly higher than anticipated freight cost increases, particularly later in the quarter SG&A expense in-line with plan Adjusted² EBITDA of $85M as result of Net Sales and Adjusted Gross Margin performance Positive Operating Cash Flow generation of $75M Cash and Investments Balance of $1.1B and Total Liquidity³ of $2B inclusive of Company's recently amended ABL Facility ■ PERIOD ENDING AUGUST 28, 2021 BED BATH & BEYOND 5
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